1. If Ram Received Cash Rs. 900/- & Deducted Rs.100/- as
EPF. 2. Cheque diposited into bank Rs. 200/- against EPF of ram.
How many ledger should create under which & what will be the
entry ?
Answers were Sorted based on User's Feedback
Answer / uma
according to it 5accounts involved ram, cash, Deducte epf bank
| Is This Answer Correct ? | 7 Yes | 2 No |
Answer / mani
1)RAM A/C-DR 900
TO,CASH A/C 900
2)SALARY A/C-DR 800
EPF A/C-DR 100
TO,SALARIES PAYABLE 800
EPF PAYABLE 100
3)BANK A/C-DR
TO, CASH A/C
| Is This Answer Correct ? | 9 Yes | 5 No |
Answer / manish
ram a/c dr 900
to cash a/c 800
to epf a/c 100
bank a/c dr 200
to cash a/c 200
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / kadambari
Ram A/c
Date particulars amt Date particulars amt
by cash 900.00 To cash 100.00
Bank A/c
Date Particulars amt Date Particulars Amt
by epf payable 200.00
EPF Payable A/c
Date particulars amt Date particulars amt
by cash 100.00 to bank 200.00
Cash A/c
Date particulars amt Date particulars amt
To bank 900.00
According to its 4 A/c involved they are Bank A/c, Ram A/c,
EPF Payable A/c, Cash A/c
| Is This Answer Correct ? | 0 Yes | 0 No |
cash a/c..dr...900
epf 100
ram 800
amount rec by ram by deductuing 100 towards epf
)
epf...dr..200
ram..... 200
| Is This Answer Correct ? | 0 Yes | 3 No |
amount drawn from propritors s b a/c Rs : 10000/-, intridused in propritors current A/c same amount, and same Rs :10000/- withdrawn by the propritors. please pass the entries for this transaction in double entry system.
who is the supreme commander of Indian Armed Forces?
ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10
Sums on Finalization of Accounts give exaple?
what is the difference between pay order and demand draft?
Tell us how can you define departmental accounting?
Explain the Accounting Equation?
Define the term material facts in accounting?
whatis the difference between invoice and bill?
What is the Meaning of Value Date in Bank Statement ?
What is the SAP Account?
What is meant by Ratio analysis