becker cpa

Limited Period Offer Avail 20% discount in all subjects CA,CS and CMA,Coupon- OFFER20 Call: 088803-20003

CA Final Online Classes
Prodamy

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Journal entries for accrued interest


Ravi Dasar   08 July 2018

Ravi Dasar

 7 points

| My Other Post
FDR amount 2,00,000, TDS @ 10%, FDR rates 8% simple interest PA.

FD Period1-Oct-2017 to 30-Sep-2023

Please pass journal for accrued interest on 31-3 - 2018.
avater

Aditi Kaur (Practising CA)    08 July 2018

CCI Online Learning offers a library of courses for CA/CS/CMA Aspirants from the best faculties in India. Our top notch courses aim to make your journey from a student to a professional, a successful one. To promise a successful career as a professional CCI Online Learning also offers programs like Financial Modeling, MS Excel, IFRS/IND AS Certification Courses that will help you take your career to the next level. Check out the free demo videos here https://www.caclubindia.com/coaching/


Rohan Rawat

Rohan Rawat (job)     08 July 2018

Rohan Rawat
job 
 1 likes  49 points

View Profile | My Other Post
https://www.caclubindia.com/experts/tds-on-accrued-interest-191098.asp
1 Like
Jatin

Jatin (Accountant)     08 July 2018

Jatin
Accountant 
 248 likes  3428 points

View Profile | My Other Post
Dr. Intetest recd on FDR
Dr. TDS on FDR

Cr. Interest Receivable from Bank
Prakash Gehani

Prakash Gehani (Consultant & Teacher(Whatsapp 8718057907))     05 August 2018

Prakash Gehani
Consultant & Teacher(Whatsapp 8718057907) 
 154 likes  1286 points

View Profile | My Other Post
For FY 2017-18

Accrued Int dr 7200
TDS dr 800
To Interest Income 8000


Beacuse Interest amt is less than 10000 therefore it is possibility that TDS is not deducted by bank in that case entry will be:
Accrued Interest dr 8000
To Interest Income 8000
Deepak Palande

Deepak Palande   18 September 2020

Deepak Palande

 2 points

View Profile | My Other Post

If TDS already deducted from Current Account instead of accrued interest , what entry should I pass

M Venkat

M Venkat (CA finalist)     18 January 2021

M Venkat
CA finalist 
 7 likes  441 points

View Profile | My Other Post

Can Unrealised Interest can be reveresed in the the next year? 


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  



Related Threads


Loading


Trending Tags