A/c entry for interest received on unsecured loans

This query is : Resolved 

05 January 2011 A/c entry for interest received on unsecured loans

05 January 2011 for booking income
party & TDS dr and interest cr

on receipt
bank dr to party

05 January 2011 is there any alternative

05 January 2011 bank & tds dr to interest but not prefered.


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