Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


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

Answers were Sorted based on User's Feedback



we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which..

Answer / prasad

Bonus A/c Dr
To Bank

Is This Answer Correct ?    33 Yes 2 No

we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which..

Answer / induja.l

If company paying bonus to his employees then need to
record payment entry.

We can treat bonus as expenses from company point of view,

Create bonus ledger under expenses group , bank ledger under
Bank account group

Later record the payment entry

Debit : Bonus ledger

Credit : Bank ledger

Is This Answer Correct ?    19 Yes 2 No

we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which..

Answer / gokulakrishnan

In tally under the payment side we have to show this......
Because this is a bonus paid to worker if anything we have
paid means we will showed under the payment side

Is This Answer Correct ?    15 Yes 2 No

we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which..

Answer / mohan

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 ?    8 Yes 0 No

we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which..

Answer / prachi

Create bonus ledger under expenses group , bank ledger under
Bank account group

Later record the payment entry

Debit : Bonus ledger

Credit : Bank ledger

Is This Answer Correct ?    7 Yes 0 No

we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which..

Answer / 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

we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which..

Answer / raju singh

FIRST -1) DR BONUS (UNDR EXPENSES)
CR BONUS PAYABLE (UNDER Provision)

SECOND-2) DR CR BONUS PAYABLE (UNDER Provision)
CR BANK A/C

Is This Answer Correct ?    1 Yes 0 No

Post New Answer

More Accounting General Interview Questions

SOLD GOODS WORTH 5000 TO AKBAR WHO PAID 3000 ON ACCOUNT

0 Answers  


i had completed my continious service in ltd co for 4.6years,whether i am eligible for gratuity

1 Answers  


Sir, I am using Tally ERP 9 licensed. Company year 2012-2013. but dispaly in tally last date of entry 25.9.2021 pls help me sir... anandhi0701@yahoo.com

3 Answers  


What is mean by acquired income?

3 Answers  


paid Rs.500 to tax amount which was due for two months pass journal entries

6 Answers   HP,


is depreciation a fictious assets?

2 Answers  


What is the difference between capital expenditure & revenue expenditure

2 Answers  


Explain about the accounting software "SAP" and discuss its advantanges.

0 Answers  


genteral interview question for accounting

2 Answers   Capital IQ,


We bought some machines from Singapore (capital goods), payment made in rupees. but the invoice value is mentioned as USD. 1. party ledger shows (debit side) amount in rupees. now i need to make purchase entry. 2. shall i want to convert USD to rupees? 3. if i do like that the party ledger will be differ.. 4. somebody pls tell me the way to make purchase entry.

0 Answers  


How Many Accounting Principale

0 Answers  


what is the rate of purchasing computer goods from Gujarat, with C form, and what is the rate to sale it in Diu (Union Territory).

1 Answers   ASD Lab,


Categories