we paid bonus how to treat entry and what is the debit and
credit
- 4 Answers
- 5782 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / 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 |
Answer / harish
Bonus .....Dr 15,000/-
To Bank
(Being amount paid to Mr. X)
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / darshan chavan
PAY ROLL LIBILITY A/C DR.
TO BANK/CASH A/C
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / tripti sen
at first we book bonus
1. bonus payable a/c.......Dr.
To Ravi a/c
payment of bonus
2. Ravi a/c......Dr
To bank a/c
| Is This Answer Correct ? | 0 Yes | 0 No |
Tell me an example of a tough decision that you had to make?
what is Vat c-4 form why using
what are doucement required under registration of properity firm. give the answer breif
sir, some body tell me how i treat the abnormal fire loss stock :-our company suffer a fire loss during goods in transit (goods were hold at warehouse and fire occured) now how i account for the loss and what type of ledger should i create and under which group
What do you mean by ledger posting?
my assessment says that I must post a dishonoured cheque in the general journal not a specialised journal how would I write that I know bank would be credited but what account would be debited???
What is a Payment Format
Please let me know Under head of Sales Advance?
how we calculate tds on salary
how to value stock?
what is meant by deferred revenue expenditure?
Define a company's payable cycle?
Audit 
