Pass a entry for salary payment basic 5000, HRA 3000,
Medical 200, TDS 500 Adv 200 & deducted PF with narration.
Answers were Sorted based on User's Feedback
Answer / amit sharma
basic salary 5000
HRA 3000
medical 200
Bank/Cash A/c 6900
P.F.Payable 600
Tds payable 500
Adv.Salary 200
(Being Salary paid to mr. ... for the month of ... after
deduction of 12%P.F.)
| Is This Answer Correct ? | 68 Yes | 10 No |
Answer / prasad deshmukh
basic 5000
HRA 3000
medical 200
Bank/Cash A/c 7500
Tds payable 500
Adv.Salary 200
| Is This Answer Correct ? | 43 Yes | 21 No |
Answer / akbar
Basic Salary A/C Dr. 5000/=
HRA A/C Dr. 3000/=
Medical A/C Dr. 200/=
To TDS A/C 500/=
To Advance Salary A/C 200/=
To PF Contribution A/C 600/=
To Bank/ Cash A/C 6900/=
(Being salary paid to Mr...... for the month of...)
| Is This Answer Correct ? | 17 Yes | 1 No |
Answer / sridharan.v
Date Particulars Debit Credit
Rs Rs
xxx Basic A/c Dr 5000
HRA A/c Dr 3000
Medical A/c Dr 200
To Bank/Cash A/c 7500
To Tds payable A/c 500
To Adv.Salary A/c 200
(Being salaries paid and Allowances provided)
| Is This Answer Correct ? | 12 Yes | 6 No |
Answer / anilyadva
salary & wages 8200
Bank/Cash A/c 6900
P.F.Payable 600
Tds payable 500
Adv.Salary 200
(Being Salary paid to mr. ... for the month of ... after
deduction of 12%P.F.)
| Is This Answer Correct ? | 7 Yes | 2 No |
Answer / pratima
Basic Salary A/c Dr. 5000/-
HRA A/c Dr. 3000/-
Medical A/C Dr. 200/-
To Salary Advance A/C 200/-
To P.F. Payable A/C 600/-
To Bank / Cash A/C 7400/-
(Being Salary Paid to Mr. ... for the M/O... Through Ch.
No...
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / satish kumar jha
Date Particulars Debit Credit
Rs Rs
00/00/0000 Basic A/c Dr 5000
HRA A/c Dr 3000
Medical A/c Dr 200
To Tds payable /c 500
To Adv.Salary /c 200
To PF Deduction 600
(5000*12%)
To Bank/Cash/Salary Payble A/c. 6900
(Being salaries and other Allowances provision for the
month of ........../.....)
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / paras agrahari
Basic salery Dr.5000/-
HRA Allowances Dr.3000/-
Medical Allowances Dr.200/-
Advance salery Cr.200/-
PF 5000*.12 Cr.600/-
TDS Cr.500/-
Cash/Bank A/c Cr.6900/-
(Being Salary Paid to Mr. ... for the M/O... Through Ch.
No...
| Is This Answer Correct ? | 5 Yes | 1 No |
Basic Salary A/c Dr. 5000/-
HRA A/c Dr. 3000/-
Medical A/C Dr. 200/-
To Salary Advance A/C 200/-
To P.F. Payable A/C 600/-
To Bank / Cash A/C 7400/-
(Being Salary Paid to Mr. ... for the M/O... Through Ch.
No... )
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / prashant nalawade
1) Basic SAlary A/c Dr. 5000/-
HRA A/c Dr. 3000/-
Medical exp. A/c Dr. 200/-
To Salary Advance A/c 200/-
To Employees PF contribution 600/-
To TDS on Salary 500/-
To Salary Payable A/c 6900/-
(Being salary payable to Mr.ABC For the month of....)
2) Mr.ABC A/c Dr. 6900/-
To Cash/Bank A/c 6900/-
(Being paid salary paid to Mr.ABC for the month of....)
| Is This Answer Correct ? | 1 Yes | 1 No |
what is the mean of payment of contract,subcontract and professional charges
i had sold a residential property owned by me and had received proceeds of sales of said property by cheque but at present i am unable to purchase new residential property and the money is lying with me ideal in my bank account can i invest that ideal amount for period till 1 year or upto 1.5 yr till i purchase new residential house. what will be income tax treatment for the ideal amt invested in some else for time being and not purchased a new residential house.
types of tax
what is tds?
how to calculate tds on professional fees, salary and services
Can it be prssible, If any person purchase Reliance life insurance policy with nepal residence address profe. If yes then who can deposit nepal curancy in indian branch.
what is assessment year. what is assesee. what is tax slab
if we are not able to issue F form and Goods transfer treat as deeded sale and want to paid taxes on that sale. but local tax rate is Zero. in above situation I can transfer of goods without F Form and Without paying any tax ?
what is the rate of interest when an assesse paid tax after the due date in the prescribed time limit?
What is TDS
what is sales tax assesment or annuel return company and how to do end of the finiancial year and what is form no 240.
if a buyer paid full cst 14.5% for a redistrable assect then whatis the registration process?