we paid bonus how to treat entry and what is the debit and
credit
Answer Posted / cn.selvam
PAY ROLL LIABILITY Dr XXX
TO BANK/CASH XXX
(BEING BONUS PAID TO MR.A)
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
a cc. has balance Rs. 8,40,000 at the credit of profit and loss a/c this balance is used for redemption of debentures what will be the entry
What is fair value accounting definition?
why creditors a/c dr. to discount received a/c ?
In accounting, how do you define the premises?
What do you mean by Bill of Exchnage.How to manage ? Explain
Do you know executive accounting?
what is the basic difference between pooling of interest method and purchase method in amalgamation
A non-function currency claim:- Employee while updating a non functional currency claim the system uses the period end rate i.e. any claim pertaining to the period 01Aug - 25th Aug. the system uses the period end rate as of July 31st. (2) Also, what is the basis of using the period end rate not the average rate for expenses claim. Can you please clarify my question.
discuss seperate determination concept
How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.
One car company raised an invoice of 30k to its customer, which includes car's price and one year service price of 1600 (cost). They work on 25% margin. How much amount will go to Income statement and B/S?
if any otion in tallyerp9 version about doing Luxury tax work
export sales contract and domestic sales contract? india's trade in commercial services?
i am normally accountant. i am not a CA. then i learn a account maintain
how to prost entry for purchases with a bill