1. If Ram Received Cash Rs. 900/- & Deducted Rs.100/- as
EPF. 2. Cheque diposited into bank Rs. 200/- against EPF of ram.
How many ledger should create under which & what will be the
entry ?
Answer Posted / kadambari
Ram A/c
Date particulars amt Date particulars amt
by cash 900.00 To cash 100.00
Bank A/c
Date Particulars amt Date Particulars Amt
by epf payable 200.00
EPF Payable A/c
Date particulars amt Date particulars amt
by cash 100.00 to bank 200.00
Cash A/c
Date particulars amt Date particulars amt
To bank 900.00
According to its 4 A/c involved they are Bank A/c, Ram A/c,
EPF Payable A/c, Cash A/c
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what are the different types of expenditures considered for the purpose of accounting?
Can CPF share given by govt. added in the Financial gross salary while calculating Total gross salary at the end of Financial year.For eg: My gross salary is Rs.X during a Fin. year & govt share of CPF is Y then Total Fin. Year gross salary is =X+Y,is it correct?
What is quality discount?????//// pls mail ur answers at my e - mail ID : kamalsodhi24@gmail.com
Explain me the basic accounting equation?
what is capital reserve
if any otion in tallyerp9 version about doing Luxury tax work
A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.
What is the fictitious assets?
Account for letter of credit in the books?
At the time of advance tds deducted 2% contract which was wrong but when we adjusting the adavace tds deducting 10% rent how can we adjusting that amount
shyam consigned 200000 unit @ rs 5/-each to mr ram and paid freight and insurance amounting to rs 100000.ram spent further following amount: 1) insurance rs 5000 2) godown rent rs 4000 3) clearing rs 6000 2000 unit were damages during transits due to heavy rains. Ram sold 100000 unit @rs 10 per unit . ram realisec solvage value of damage unit rs .2000 ram is get 5% commission on sale determine the abnormal loss?
hi friends, i have simple doubt if we completed this financial year that is 2009-10 march. after that we will file it period of oct-2010.so from apr-2010 that is new f.y.what we take the opening balances without filing how can we know the exactly figures?
what is general accounting
OUR COMPANY IS ENGGAGED IN CONSTRUCTION ACTIVITY .WE ARE GOING TO PURCHASE EXACAVATOR MACHINE FROM THE INTERSTATE.WHETHER THE ABOVE PURCHASE COVERED BY ISSUING THE C FORM.
Expand ctc cheque?