Interested to Buy Any Domain ? << Click Here >> for more details...
Suppose salary of march paid in april then what are the
entries to be made in Tally in march and april and salary
payable ledger to be created under which group? and salaries
to staff ledger to be created under which group? What will
be the journal voucher entry and payment voucher entry?
- 1 Answers
- 20384 Views
- TCL, I also Faced
- E-Mail Answers
Answer Posted / bharathi
When we are making provisions for salary for the month of
March the following entries to be made
Salary A/c
To Salary Payable A/C
(Being Salary - Provisions for the month of March)
When we are making payment salary pertaining to the month
of March in the month of April The following entries to be
made
Salary Payable A/c
To Cash / Bank A/c
(Being Salary paid for the month of March)
Salary Payable Ledger to be created under Current
Liabilities group
| Is This Answer Correct ? | 30 Yes | 1 No |
Post New Answer View All Answers
what is retention? how caculate on asset
1. how to pass TDS entry in tally 2. how to pass service tax entry in tally 3. how to pass depreciation entry in tally 4. what is percentage in TDS and service tax
What is a contra entry
Have you ever made mis reports and what are they?
In the Manufacturing IF QC reject the material. Then where to record rejected material amount.
Tell me why did you select accounting as your profession?
iv, A non -performing asset is A, Money at call and short notices b, An asset that ceases to generate income c, cash balance in till d, none of the above
What is royalty reserve?
How many invoices on average do you handle on a weekly/monthly basis?
what is the right process for input credit of Service tax. and on which service i can take credit.
what is service tax & excise? How will it be charged?
What are the characteristic features of financial accounting?
Can i put opening stock in new company during closing time
why accounting is important in business?
Received Invoice from Tvs Co. against purchase of 15 pcs of Mouse @ 750 excluding VAT 4%, Pass journal entry in the necessary books of accounts?
