If one person has been paid excess salary in particular
month. In next month we want to deduct the excess given in
last month what will be the entry,
Assume: excess given 2227
This month details : Gross 20058, PF 780, PT 200, and net
must be 16851
all effective figures must consider in entry
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Answer Posted / vijay
Next month we will deduct the amount from that month salary?
X a/c dr xxx
To Salary xxx
(Being Excess amount of salary paid for the month of ---)
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