WHAT ENTRY SHOULD WE PASSED IN BOOK
A PERSON HAVING SALARY BASIC 10000.00 HRA 4000 PF 1500.00
Answers were Sorted based on User's Feedback
Answer / satya rao
Salary Dr. 10000
HRA Dr. 4000
To Cash/Bank A/c 14000
(When Accrued PF)
PF A/c Dr. 1200
To PF Payable A/c 1200
(When PF Payment made)
PFPayable A/c Dr. 1200
To Bank A/c 1200
Is This Answer Correct ? | 20 Yes | 6 No |
Answer / bighnesh
basic salary-10000 dr
HRA 4000 dr
to Cash or Bank a/c 12500
to PF Payable 1500
Is This Answer Correct ? | 18 Yes | 7 No |
Answer / asha
basic salary dr.=10000
hra =4000
to cash=12500
to pf = 1500
Is This Answer Correct ? | 16 Yes | 11 No |
Answer / narasimha rao
SALARY A/C DR 14000(BASIC+HRS)
TO PF A/C 1500
TO CASH A/C 12500
BEING THE SALARIES PAID
Is This Answer Correct ? | 6 Yes | 5 No |
Answer / dharmendra singh negi
Salary -
Basic - 10000
Hra - 4000
PF- 1500
To Case 15500
(Being Salary - Rs.15500 paid Cash)
Is This Answer Correct ? | 2 Yes | 1 No |
Answer / samreen
Basic salary Dr 10000
HRA Dr 4000
To PF 1500
To Cash 12500
(Being salary & HRA paid)
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sumit patel
Salary A/C.....Dr........14000
(Basic+HRA)
To P.F Payable A/c............1500
To Salary Payable.............12500
Salary Payable .....12500
To Bank..................12500
(Being Salary Paid)
Is This Answer Correct ? | 0 Yes | 0 No |
SALARY PAYBLE
SALARY BASIC A/C DR 10,000.00
HRA A/C DR 4,000.00
PF A/C DR 1,500.00
TO CASH A/C CR 15500.00
Is This Answer Correct ? | 0 Yes | 1 No |
Answer / anupam kumar
I think the entry would be
Salary A/c.....Dr10000
HRA A/c Dr 4000
PF A/c Dr 1500
To PF Payable A/c 1500
To Salary outstanding A/c-14000
Salary outstanding A/c 14000
To Cash (Basic+HRA) 14000
Pls let me know if this is correct?
Is This Answer Correct ? | 1 Yes | 3 No |
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