Sole proprietor's Fixed Deposit accounting entries

It will come under the head Investment.

Journal Entry.....

1. On deposit.

Fixed Deposit A/c Dr.       Rs. 5,00,000

To Bank                          Rs. 5,00,000

2. On accrued interest  

Fixed Deposit A/c Dr .      Rs. 5,000  

To Accrued interest.         Rs. 5,000

3.On Maturity

Bank A/c Dr                  Rs. 5,05,000

To Fixed Deposit.          Rs. 5,05,000

But Mam on checking the other forums on this website I saw that F.D. A/c will come under the Deposit(Assets) head in tally. And entries related to its interest are in this way-

1.  Accrued Interest A/c         Dr.

           To Interest A/c                                                                                                                 (being interest on F.D. is accrued)

And on maturity:-

2.  Bank A/c                         Dr.

          To  F.D. A/c

          To  Accrued Interest A/c

(being F.D. is matured and amount received)