Interested to Buy Any Domain ? << Click Here >> for more details...
if A company pay salary to X 10000 after deduttion of 2000
advance and12% PF . what is the entry of it.
- 3 Answers
- 5908 Views
- Infotech, I also Faced
- E-Mail Answers
Answer Posted / s p yadav
Salary A/c Dr 12000/-
1.
To PF Employee Cont.A/c 780/-
To Employee Advance A/c 2000/-
To Salary Payable A/c 9220/-
Salary Booked on 31st March'2011
2.
Salary Payable A/c Dr. 9220/-
To Bank / Cash 9220/-
Salary Paid for the month of March_2011.
| Is This Answer Correct ? | 7 Yes | 4 No |
Post New Answer View All Answers
GOODS LOST BY FIRE 100 RS, INSURANCE MONY RECEIVED 120,40 PENDING FOR FINAL SETTLEMENT- Journal Entry
Explain what is accrual accounting?
Tell me what do we mean by purchase return in accounting?
What will be the entry when deduct ESI @1.75% from the employees salary?Same as in the time of ESI of employer part @4.75% in tally posting? In PF posting in tally what will be the entry ?
under which ledger should i make opening work in progess and closing work in progress
what is consumer product accoutning?
Do you know retail banking?
Can you name any other accounting application?
What is a ledger?
Do you have any idea about gst?
In which condition a vendor raise excise invoice & what are the effect of excise invoice on client ?
in trading credit why does goods sent on consignment come?
what is the last date of deposit TDS on liability for the assessment year 2010-11
There are two Business areas 1100 and 1200. I need to pick 1200 b.areaonly While enter the transaction? could any one please post the answer for this.
Tell us what is icai?
