How can we post Salary, PF etc., can anybody tell me the
entry
Answer Posted / dhuha abdur rahman
Sorry, a mistake has occured..
For Employer's same share of contribution to PF:
Employer's contr. to PF a/c dr 1000
To PF payable a/c 1000
OR ELSE, we can pass a compound entry for both Employees's
and Employer's contr. to PF along with ESI plus TDS also..
Salary a/c dr
Employer's PF contr. a/c dr
Employer's ESI contr. a/c dr
To TDS on salary a/c
To PF payable a/c
To ESI payable a/c
To Salary payable/Bank/Cash
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
Dear Sir, My qus is my co. purchase a laptop from Abc.co. for rs-37200 on credit Emi basis from hdfc bank. i paid every month 6200rs as a installment. so i want to know how i make a entry in tally 9. and also want to know i creat laptop ledger under fixed assets or office expenses. plz tel me soon.or mail me .
bill to addres? ship to addres? rimit to address?
Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com
Sir,I want to be good in accounting .Now i have got an oppurtunity to work in accounts department but i am average in accounts.So how can i improve and work with effiency guide me with ur tips.
For how long should prepayments be carried in the books as fictitious asset and when is it ideal for a new coy to pay tax
Short answer on Allowances
What are the duties of sales tax department? Explain it
Is it correct to covered fesibility report expenses and survey expenses in pre-operative exepenses ?
Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance
In OD Account How Many Interest Paid or Not? and second CC Account How Many Interest Paid or Not?
Plz Give the Inventry Accounting Procedure 1.Domestic Purchases ( VAT,CST,& Excise) 2.Import Purchases ( Direct Expences & Excise ) 3.When Will the Price Diffrence Entry Happen? 4.Cash Discount & Trade Discount On Purchases? 5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise ) 7.Cash Discount & Trade Discount On Sales?
How do you set the increment point in appraisal of salaries. It becomes so difficult for the employer to hear again and again about increment
In sales what rule applicable
Expand SCERT
Can anyone give comparative data of NPA(non performing assets) of nationalised banks or BANKS IN INDIA for the last 5-10 years if possible with bifurcation substandard doubtful loss asset