Query regarding fd
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 June 2013
If a person has an a/c with axis bank and if he makes an fd of 60000 with bank then entry will be fd a/c Dr
To Axis bk A/c
so in this case whether the fd of 60000 will be shown in axis bank statement as withdrawal?
To Axis bk A/c
so in this case whether the fd of 60000 will be shown in axis bank statement as withdrawal?
05 June 2013
yes. withdrawal only. since you are utilising the money for making FD
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