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what is the entry for provission for salary t 31march and
1st april and payment

Answer Posted / pradnya

XYZ [ employye name ] ---------Dr.
To Salary payble ---------Cr.
[ Provision on 31st march ]


Salary Payble ----------------Dr.
To Bank/ cash ----------cr.

[on 1st april payment entry ]

Is This Answer Correct ?    4 Yes 0 No



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