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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 / ashish garg
we deducte the PF on a certain amount, hence we should
deducte that amount in his next salary or give his salary
after deducte the excess amount
This entry should not post in books
| Is This Answer Correct ? | 1 Yes | 0 No |
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