we paid bonus how to treat entry and what is the debit and
credit
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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 |
I Want to Submit My Income tax return by efilling Personally,Can it possible. if yes please send me your help to submit the same.I Can calculate my computation of income.
In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/
Revenue Expenditure
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