please tell me what is journal entry for salary: Gross Salary
10000 and net salary 75000.
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Answer / vpcskovai
question is not clear, is it Rs 75000 or Rs 7500/-
Is This Answer Correct ? | 8 Yes | 1 No |
Answer / phanindra babu
Please Mentioned the Deductions
(Like: DA PF ESI PT )
Is This Answer Correct ? | 0 Yes | 0 No |
in reply of sreedapa answer ,suppose for the m/o march telephone expense is Rs.800 and for the m/o april Rs.200 For this we will pass tthis entry : Telephone expenses Dr 800 To Tel expenses payable 800 Telephone Expenses Payable Dr 800 to Bank/cash 800 (For the m/o march) And for the m/o april, we will make the provision in the m/o March Telephone expenses Dr. 200 To Telephone Expenses Payable 200 Plz advice
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