journal entry
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 August 2010
please suggest accounting entry in tally for fixed deposite Rs 85,000000/- for three year with TDS effect for 1 st ,2nd ,3rd year
CA Mihir Shah
(Expert)
21 August 2010
In case of it, First pass entry for Fixed Deposit and then @ the year end pass entry for interest accrued on it by debiting Fixed Deposit or Interest Accrued on Fixed Deposit(Receiveable) and crediting Interest Accrued on Fixed Deposit (Income Account).
CA Sanat Pyne
(Expert)
21 August 2010
at first
fixed depoosit............dr
to , bank
at the year end
fixed deposit...........dr
to int on fixed deposit
adv tax tds..........dr
to, fixed deposit
fixed depoosit............dr
to , bank
at the year end
fixed deposit...........dr
to int on fixed deposit
adv tax tds..........dr
to, fixed deposit
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
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GST input credit on commercial property
- Working on Gold wastage during Melting of old gold jewellery
- GSTR-9C filing
- Import Order Cancelled.
- TDS on Dashcam rent and allied services
- ETDS return q4 25-26
- IMS (import of goods) ITC related
- Advances to related party
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- 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
- Tally: Imported bank entries do not show up in manual reconciliation
- 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
- How to pay remaining amount of TDS after due date?
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
