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WHAT ENTRY SHOULD WE PASSED IN BOOK
A PERSON HAVING SALARY BASIC 10000.00 HRA 4000 PF 1500.00
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Answer Posted / satya rao
Salary Dr. 10000
HRA Dr. 4000
To Cash/Bank A/c 14000
(When Accrued PF)
PF A/c Dr. 1200
To PF Payable A/c 1200
(When PF Payment made)
PFPayable A/c Dr. 1200
To Bank A/c 1200
| Is This Answer Correct ? | 20 Yes | 6 No |
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