1. If Ram Received Cash Rs. 900/- & Deducted Rs.100/- as
EPF. 2. Cheque diposited into bank Rs. 200/- against EPF of ram.
How many ledger should create under which & what will be the
entry ?
Answers were Sorted based on User's Feedback
Answer / uma
according to it 5accounts involved ram, cash, Deducte epf bank
| Is This Answer Correct ? | 7 Yes | 2 No |
Answer / mani
1)RAM A/C-DR 900
TO,CASH A/C 900
2)SALARY A/C-DR 800
EPF A/C-DR 100
TO,SALARIES PAYABLE 800
EPF PAYABLE 100
3)BANK A/C-DR
TO, CASH A/C
| Is This Answer Correct ? | 9 Yes | 5 No |
Answer / manish
ram a/c dr 900
to cash a/c 800
to epf a/c 100
bank a/c dr 200
to cash a/c 200
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / kadambari
Ram A/c
Date particulars amt Date particulars amt
by cash 900.00 To cash 100.00
Bank A/c
Date Particulars amt Date Particulars Amt
by epf payable 200.00
EPF Payable A/c
Date particulars amt Date particulars amt
by cash 100.00 to bank 200.00
Cash A/c
Date particulars amt Date particulars amt
To bank 900.00
According to its 4 A/c involved they are Bank A/c, Ram A/c,
EPF Payable A/c, Cash A/c
| Is This Answer Correct ? | 0 Yes | 0 No |
cash a/c..dr...900
epf 100
ram 800
amount rec by ram by deductuing 100 towards epf
)
epf...dr..200
ram..... 200
| Is This Answer Correct ? | 0 Yes | 3 No |
Why Accountants have to or must prepare INCOME STATMENT in two stages Gross Profit And Net Profit
adams a debtor for R600 had been declared insolvent and part of his debts has to be written off. The attorneys informed you that an amount of 25c in the rand will be paid and the rest must be written off
what is equity shares?
What is the difference in accounting and marketing?
what is depriciation, and its method
how can i settle the party ac with cr & dr
journal entries for money received from RBI by the banks IN CASE OF INSUFFICIENCY
Name three (3) equity security types
6 Answers FactSet Systems, ICICI, Shore Infotech,
How many Accounting standards are there in India ?
what is the difference between 'Quotation' & 'Profarma Invoice'?
I want to see company ROC no can you please tell me where it should be mentioned.
What is the journal entry for insurance premium payment of a company