EASYOFFICE
EASYOFFICE

Tds receivable


29 November 2013 SIR F.D. OF 55000 IN B.O.I I RECEIVED INTEREST 5948 AND BANK DEDUCT A TDS SUM OF RS. 720. BANK GIVE ME A CERTIFICATE OF 16A.
WHAT IS JOURNAL ENTRY IN MY ACCOUNT. PLEASE GUIDE ME.(TDS DEDUCT THREE TIME Q4, Q1, Q2)

29 November 2013 Dr.Bank/cashA/c
Dr.TDS receivable A/c(Current asset)
Cr.Interest on FDA/c(income)

30 November 2013 SIR MY ACCOUNT ENTRY IS
SECURITY DEPOSTITE CR 55000
INTEREST OF F.D. CR 5948
BANK A/C DR 60948

THEN WHAT IS THE ENTRY OF TDS RECEIVABLE RS 720.TOTAL F.D. INTEREST 5948 AND BANK CREDITED TOTAL 60948. BASIC F.D. AMOUNT 55000




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