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What is Journal Entry for Provision for Leave Salary

Answers were Sorted based on User's Feedback



What is Journal Entry for Provision for Leave Salary..

Answer / ruman jha

Salary A/C    Dr
     To Provision For Leave Salary




(ii) Provision For Leave Salary A/C  Dr

              To Bank A/c

Is This Answer Correct ?    51 Yes 8 No

What is Journal Entry for Provision for Leave Salary..

Answer / shameemudheen

1 Entry has to pass on every month end
Leave Salary DR
Provision for Leave salary CR
(Being Leave salary expenses)

2nd entry should pass agaist the first entry
Provision for Leave salary DR
Bank AC CR
(Being leave salary expenses paid from bank subject to provision made (specific month)

Is This Answer Correct ?    8 Yes 0 No

What is Journal Entry for Provision for Leave Salary..

Answer / babu tyson

salary a/c Debit To sooanso a/c credit

Is This Answer Correct ?    3 Yes 6 No

What is Journal Entry for Provision for Leave Salary..

Answer / babu tyson

salary a/c DR


To soan so a/c cr

Is This Answer Correct ?    4 Yes 9 No

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