we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which head..Explain pls
Answer Posted / deepak
Before checking the deevali bonus, we have to check whether any provision/break up is raised for the last year. if so, how much raised for provision. After that we have to pass the entry.
Dr.Provision for Bonus account
Cr. Bank Account
Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
Differentiate public and private accounting?
What are the probable interviwe questions in SBI clerical interview ? I am having my interview on 30th april.
PROVIDENT FUND TO BE CALCULATED ON BASIC AFTER DEDUCTION OF ABSENTS (LOP)
What is project implementation?
Do you know public accounting?
Explain which accounting application you prefer most and why?
What steps would you take to locate the errors in case trial balance disagrees?
Explain me how much mathematics knowledge is necessary or required in accounting?
what TYPE OF INVOICE SHOULD RAISE TO C&F agent ?
Why are accounting standards necessary?
One car company raised an invoice of 30k to its customer, which includes car's price and one year service price of 1600 (cost). They work on 25% margin. How much amount will go to Income statement and B/S?
What is deferred account?
What is the Technology used to carry out trades? Pls Tell me as early as possible.
what is the basic difference between pooling of interest method and purchase method in amalgamation
how do made in finalization