what is the entry for provission for salary t 31march and
1st april and payment

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what is the entry for provission for salary t 31march and 1st april and payment..

Answer / parvez alam

SALARY A/C DR.
TO SALARY PAYABLE A/C CR.
(SALARY DUE )

SALARY PAYABLE A/C DR
TO BANK A/C/CASH A/C CR.
(BEEING PAID)

Is This Answer Correct ?    6 Yes 0 No

what is the entry for provission for salary t 31march and 1st april and payment..

Answer / pradnya

XYZ [ employye name ] ---------Dr.
To Salary payble ---------Cr.
[ Provision on 31st march ]


Salary Payble ----------------Dr.
To Bank/ cash ----------cr.

[on 1st april payment entry ]

Is This Answer Correct ?    4 Yes 0 No

what is the entry for provission for salary t 31march and 1st april and payment..

Answer / omesh.manhas

salary a/c dr
to salary payable
salary due for m//o march(on 31 march)

on payment:
salary a/c dr
To cash/bank

salary paid for m/o march.

Is This Answer Correct ?    5 Yes 3 No

what is the entry for provission for salary t 31march and 1st april and payment..

Answer / amit

i m not satisfied for this entry

Is This Answer Correct ?    1 Yes 0 No

what is the entry for provission for salary t 31march and 1st april and payment..

Answer / anand

For provision
Revinue ac DR 10000
To Sundry account 10000

For Payment
Sundry Account DR 10000
To Emp account 10000

Is This Answer Correct ?    1 Yes 1 No

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