Interested to Buy Any Domain ? << Click Here >> for more details...
we paid bonus how to treat entry and what is the debit and
credit
- 4 Answers
- 6959 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / cn.selvam
PAY ROLL LIABILITY Dr XXX
TO BANK/CASH XXX
(BEING BONUS PAID TO MR.A)
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / harish
Bonus .....Dr 15,000/-
To Bank
(Being amount paid to Mr. X)
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / darshan chavan
PAY ROLL LIBILITY A/C DR.
TO BANK/CASH A/C
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / tripti sen
at first we book bonus
1. bonus payable a/c.......Dr.
To Ravi a/c
payment of bonus
2. Ravi a/c......Dr
To bank a/c
| Is This Answer Correct ? | 0 Yes | 0 No |
What is the difference between Economics and Finance?
Where the financial accounting fails the cost accounting for is rescue but still there are some limitations deficiencies in the system?
what do you maen by Expected rate of return ? Is there any formula for expected rate of return? what is systematic & unsystematic risk ? how to calculate both the risk?
Hi everyone Sir if we not deposited the TDS before 7th of Every month,tehn what is the penality rate
How to Automate requirment mapping in QC?
Tell me what is gaap?
What is the meaning of Stock valuation, and how ?
Explain me what do you think is bank reconciliation statement?
how to pass entries for suspense account?
5 Answers Reliance Construction,
The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had paid 3000. Pass the necessary Journal entry for this.
27 Answers Accenture, Genpact, Sunshine,
What is a Prepayment and Explain the accounting entries
How many types of inventories are there for a company ?
Audit 
