Dear Sir, an employee going to leave his job and the employer giving him 3mont

Dear Sir,
an employee going to leave his job and the employer giving him 3months salary of Rs. 45000, and giving 95000/- aginst full & Final Settlement . so tell me how i pass the entry.

Question Posted / mobarak

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Dear Sir, an employee going to leave his job and the employer giving him 3months salary of Rs. 450..

Answer / deen dayal

Salary account Dr.140000
X account Cr. 140000

X account Dr 140000
Bank account Cr 140000

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2 Yes

1 No

Dear Sir, an employee going to leave his job and the employer giving him 3months salary of Rs. 450..

Answer / saloni

Total amount=95000, salary=45000

Salarya/c dr. 45000
y a/c dr. 50000
To cash/bank a/c 95000

Is This Answer Correct ?

1 Yes

0 No

Dear Sir, an employee going to leave his job and the employer giving him 3months salary of Rs. 450..

Answer / leema rk pillai

salary a/c dr45000
x a/c dr 95000

bank 140000

Is This Answer Correct ?

3 Yes

5 No

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