whether these entries are correct
For Making FDS
(1) FDs A/c Dr
To Bank Account
(2) on Accrued interest on FDs
FDs A/C Dr
TDS Receivable A/C Dr.
To Interest income on FDs
Accrued interest added in principal amount
and reeving on principal amount and interest
Bank A/C Dr
To FDs A/C.
whether interest on PPF accrued to be added year wise in principal amount until PPF is not received. and whether interest on PPF is taxable year-wise.
whether dividend payable on right issue and bonus share also
what will be the journal entry of dividend receivable.
what is meaning of
Interest accrued and Due
Interest accrued but not due
and what is accounting group for above mention the both term.
what is meaning of merging of expenses or income in accounts or assets or liabilities.
what is meaning of mismatch of group in accounting.
is receivable or recoverable same thing, is current assets.
interest expenses when to capitalised or charged to profit and loss account.
whether interest on working capital is capitalised or charged to profit and loss account.
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Is correct entry for FDs