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...

How can we post Salary, PF etc., can anybody tell me the
entry

Answer Posted / r.sumithra krishnan

SALARY A/C DR 10000
EMPLOYER'S CONT TO PF A/C DR 1000
TO SALARY PAYABLE A/C 10000
PF A/C 1000

Is This Answer Correct ?    5 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what are Equity shares,Preference shares,Bonus shares,Bond,Debentures,Dividend?

4838


DEfine SAP

2031


what is an advance against expenses

3356


explain about mergers & aquisitions? asked on 30/7/09

2176


From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.

4165


Expand-------ATBN

2089


Give a brief explanation of the fundamental accounting concept of prudence

2172


who is the pramotar?

1931


whether financing to Bulk Milk Coolers comes under CMA under Agriculture or Non Farm Sector

1636


A specially designed interview book on interviews for accounting Jobs . Pl send your mail addresses for despatch

3686


What is the Memorandum voucher?

10811


send me accounting test ppaers

2145


WHAT IS B.E.P. CHART

2371


what are the customization u have done in sap mm

2226


How do you plan to achieve these goals

2294