if A company pay salary to X 10000 after deduttion of 2000
advance and12% PF . what is the entry of it.
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Answer / vivek mohan nair
Salary A/C Dr. 12000/-
To P.F. 1440/-
To Salary Advance 2000/-
To Salary Payble 8560/-
Salary Payable A/C Dr. 8560/-
To Cash 8560/-
Is This Answer Correct ? | 15 Yes | 2 No |
Answer / ilangovan
Salary A/c Dt 13636
P.F A/c Ct 1636
Employee Advance A/c Ct 2000
Salary Payable A/c Ct 10000
salary Payable A/c Dt 10000
Bank A/c Ct 10000
Is This Answer Correct ? | 0 Yes | 1 No |
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