accounting entry in tally
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 August 2010
please suggest tds entry in tally and accurd interest in tally for three year with reason
20 August 2010
Journal Entry will be made in each year
1st year
Intesrt Accured (Current Asset) Dr
To Interst Accured but not recd (Income)Cr
IInd Year
Intesrt Accured (Current Asset) Dr
To Interst Accured but not recd (Income)Cr
IIIrd YeAR iN WHICH YOU RECD INTERST ACCUTALY
BANK DR.
To INTERT ACCURED (cURRETN aSSET) (AMT 1ST pLUE 2ND yEAR)
To Intest Recd (Income )
1st year
Intesrt Accured (Current Asset) Dr
To Interst Accured but not recd (Income)Cr
IInd Year
Intesrt Accured (Current Asset) Dr
To Interst Accured but not recd (Income)Cr
IIIrd YeAR iN WHICH YOU RECD INTERST ACCUTALY
BANK DR.
To INTERT ACCURED (cURRETN aSSET) (AMT 1ST pLUE 2ND yEAR)
To Intest Recd (Income )
20 August 2010
Interest receivable Dr.
TDS on Interest Dr.
To Accrued Interest Cr.
Ideally the above should be the entry.
TDS on Interest Dr.
To Accrued Interest Cr.
Ideally the above should be the entry.
Message likes :
1 times
20 August 2010
INTERST ACCURED( CURRENT ASSET ) OR INTERST RECEIVABLE ACCOUNT THE SAME THING.
TDS MAY BE CONSIDERED IF DEDUCTED ANY.
TDS MAY BE CONSIDERED IF DEDUCTED ANY.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- MSME disclosure and disallowance
- Taxation of crypto futures in India Fy 2026- 2027
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- EPF ECR NEW RULES Sep 17th 2026
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
