If a company pay salary all the employee by seprate cheque
and all the employee registed in pf & esi so what is
journal the journal entry in tally? and what i create all
employee a/c in tally?
Answers were Sorted based on User's Feedback
Answer / maveen
1. JOURNAL ENTRY WILL BE
DR SALARY & ALLOWANCE XXXX
TO PROVIDEN FUND XXXX
TO ESI CONTRIBUTION XXXX
TO SALARY PAYABLE XXXX
2. BANK ENTRY WILL BE
DR SDALARY PAYABLE XXXX
TO BANK A/C XXXX
Is This Answer Correct ? | 29 Yes | 0 No |
Answer / rajat
SALARY A/C DR.
TO ESI
TO EPF
TO SALARY PAYABLE
WHEN SALARY PAID
SALARY PAYABLE A/C DR.
TO BANK
Is This Answer Correct ? | 7 Yes | 1 No |
Answer / b.narasimha rao
salaries a/c dr
to pf on salaries a/c
to pt on salaries a/c
to esi on salaries a/c
to tds on salaries a/c
to salaries payablea/c
when salaries paid
salaries payable a/c
to bank or cahs a/c
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / jagadish
salary a/c dr.
to cash a/c
to esi a/c
to pf a/c
Is This Answer Correct ? | 13 Yes | 8 No |
Answer / b.narasimha rao
SALARIES A/C DR
TO PF ON SALARIEA/C
TO ESI ON SALARIES A/C
TO PT ON SALARIES A/C
TO TDS ON SALARIES A/C
TO SALARIES PAYBLE A/C
WHEN SALARIES PAYD THROUGH CASH OR BANK ENTRY IS
SALARIES A/C DR
TO CASH A/C OR BANK A/C
Is This Answer Correct ? | 2 Yes | 3 No |
"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.
How is scrap value calculated?
Is it compulsary to give TOEFL for applying US visa.
how to pass the journal entry for tds dedcted on commission receivable
When the closing stock will be reflected in trial balance & at what value
what is BRS? How to prepare it?
is it related to b.com syllabus or puc syllabus
0 Answers AIM Research, Bank of Baroda,
What is Capital reserve and Revenue reserve...? Any example would be highly appreciated.
prepare theree column cash book from the following details on 3/2/06 1 balance (in hand) in the beginning 25,000. 2 recived chaque from x worth 5,000 3 deposited the same cheque into bank on next day 4 deposited 5000 into bank 5 withdrew 1,000 for personal use
What software applications have your used for accounts receivable?
I have a questions regarding booking transaction. what is I want to loan my company 10k transaction will be recorded as follows "CASH" 10k debit "Payable to partner" 10K as credit. So when I used company debit card for my personal use can I book this as a loan repayment? which means I will have to Debit account " Payable to Partner and credit "Cash"
How to create report of t code f-02 in SAP FI?