Pass a entry for salary payment basic 5000, HRA 3000,
Medical 200, TDS 500 Adv 200 & deducted PF with narration.
Answer Posted / mohit
Salary Basic A/c Dr.5000.00
Salary Allowance A/c Dr.3200.00
Employer Contribution A/c Dr.300.00 (Amount Assumed)
To Advance Salary A/c 200.00
To PF Liability A/c 600.00(Empyr+Employee)
To TDS A/c 500.00
To Bank/Cash A/c 7200.00
Is This Answer Correct ? | 9 Yes | 11 No |
Post New Answer View All Answers
what is the exise limit in granite manufacturing
How do you determine as to what TDS has to be deducted from each vendor supplying us the goods and doing labour work?
What is the procedure to intimate Change Name of Business in maharashtra Vat Act, which form to be fill.
What are the treatment & implications in case interstate sales transaction if party is not registered (Individual or other then individual)
define double entry bookkeeping
We made full payment to contractor and forget to deduct TDS on that.Now contractor ledger is fully settled and we have to pass the TDS entries on that. Kindly guide rectify the entries on tds
Can I know the full description about capital and revenue in nature? and also the expenses that allowed for tax and not allowed for tax?
what is the vat & cst rate with cst and without c form. TDS on salary how to deposti and which challan use for this
which date Entry Tax has been started by Himachal Govt. and Please let us know the which act under Entry tax comes
HOW MUCH PENALY IF SALES TAX IS NOT PAID ON DUE DATE IN HARYANA SALES TAX
HOW THE INTEREST WILL BE CALCULATED IF WE MAKE INCOME TAX RETURNS LATE AND WHAT IS MEANT BY YEAR END?
as we are having are unit in a area where excise duty is not applicable and on my purchase i am paying excise duty can i take refund of the duty paid by me and what was is procedure? plz. replay to my on my id ngaggarwal@yahoo.com
what is the difference between captive consumption and cenvat in tally erp9 and when we have to use it
What is excise & service tax?
updated rates of sales tax & VAT in Maharashtra