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we paid bonus how to treat entry and what is the debit and
credit
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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 |
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