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WHAT ENTRY SHOULD WE PASSED IN BOOK
A PERSON HAVING SALARY BASIC 10000.00 HRA 4000 PF 1500.00

Answer Posted / 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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