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.
Answers were Sorted based on User's Feedback
Answer / deen dayal
Salary account Dr.140000
X account Cr. 140000
X account Dr 140000
Bank account Cr 140000
Is This Answer Correct ? | 2 Yes | 1 No |
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 |
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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