Interested to Buy Any Domain ? << Click Here >> for more details...
How can we post Salary, PF etc., can anybody tell me the
entry
- 15 Answers
- 22058 Views
- I also Faced
- E-Mail Answers
Answer Posted / dhuha abdur rahman
Employees are paid net amount of salaries after deducting
their share of contribution to PF.
For payment of salary:
Salary a/c dr 10000
To PF payable a/c 1000
To Cash/Bank a/c 9000
For Employer's same share of contribution to PF:
Salary a/c dr 1000
To PF payable a/c 1000
When PF amount is actually paid:
PF payable a/c dr 2000(Employer's + Employee's share
of contribution)
To Cash/Bank a/c 2000
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
i have interview in KVB on 12-12-08. so Please send me some questions asked in previous interviews contucted by KVB?
can i get exact salary of clerk in SBI. and i want to know about promotion details .....
What are Home Equity Loans ?
credit card entry in tally
what is cost audit?
how history is helpful for banking?
what is the difference between cash flow and funds flow
WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?
Why you choose commerce faculty & not science or Why you are in commerce & not in science ?
Expand RMP
please send me some previous sbi clerical interview questions to my email id....
euro currency market
honararium for the month of march 2013 can be paid on 31 mar 2013
what is span of shares
what are the purpose for the preparation of cost centre ?
