Page 249 - ISCDEBK-12

Joint Stock Company—Redemption of Debentures 9.23

Dr. INTEREST ACCRUED BUT NOT DUE ACCOUNT Cr.
Date Particulars ` Date Particulars `
2015 2015
March 31 To Interest Earned A/c 3,375 March 31 By Balance c/d 3,375
3,375 3,375
2015 2016
April 1 To Balance b/d 3,375 March 31 By Balance c/d 6,750
2016
March 31 To Interest Earned A/c 3,375
6,750 6,750
2016 2017
April 1 To Balance b/d 6,750 March 31 By Balance c/d 10,125
2017
March 31 To Interest Earned A/c 3,375
10,125 10,125

Dr. TDS PAYABLE ACCOUNT Cr.
Date Particulars ` Date Particulars `

2013 2013
March 31 To Bank A/c 7,500 March 31 By Interest on Debentures A/c 7,500
2014 2014
March 31 To Bank A/c 10,000 March 31 By Interest on Debentures A/c 10,000
2015 2015
March 31 To Bank A/c 8,000 March 31 By Interest on Debentures A/c 8,000
2016 2016
March 31 To Bank A/c 6,000 March 31 By Interest on Debentures A/c 6,000
2017 2017
March 31 To Bank A/c 4,000 March 31 By Interest on Debentures A/c 4,000

Dr. TDS COLLECTED (RECEIVABLE) ACCOUNT Cr.
Date Particulars ` Date Particulars `
2015 2015
March 31 To Interest Earned A/c 375 March 31 By Balance c/d 375
375 375
2015 2016
April 1 To Balance b/d 375 March 31 By Balance c/d 750
2016
March 31 To Interest Earned A/c 375
750 750
2016 2017
April 1 To Balance b/d 750 March 31 By Balance c/d 1,125
2017
March 31 To Interest Earned A/c 375
1,125 1,125