Dear Sir,
an employee going to leave his job and the employer giving him 3months salary of Rs. 45000, and giving 95000/- aginst full & Final Settlement . so tell me how i pass the entry.
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Answer Posted / saloni
Total amount=95000, salary=45000
Salarya/c dr. 45000
y a/c dr. 50000
To cash/bank a/c 95000
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