1. If Ram Received Cash Rs. 900/- & Deducted Rs.100/- as
EPF. 2. Cheque diposited into bank Rs. 200/- against EPF of ram.
How many ledger should create under which & what will be the
entry ?
- 5 Answers
- 7330 Views
- I also Faced
- E-Mail Answers
Answer Posted / mani
1)RAM A/C-DR 900
TO,CASH A/C 900
2)SALARY A/C-DR 800
EPF A/C-DR 100
TO,SALARIES PAYABLE 800
EPF PAYABLE 100
3)BANK A/C-DR
TO, CASH A/C
| Is This Answer Correct ? | 9 Yes | 5 No |
Post New Answer View All Answers
How can you made payment when bill come from vendor, what is the bills have you check.
How Many Accounting Principale
Hi wht r da questions which are mostly asked in an Accounts related job for freshers?
How much mathematics knowledge is necessary or required in accounting?
director wife expenses which entry
what is share application money pending allotment?
HOW WE MADE ENTRY OF SURCHARGE ON VAT PURCHASE IN PUNJAB
journal entry for goods withdrawn for personal use
One car company raised an invoice of 30k to its customer, which includes car's price and one year service price of 1600 (cost). They work on 25% margin. How much amount will go to Income statement and B/S?
what is core accounting?
Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??
Tell me what is the difference between accumulated depreciation and depreciation expense?
What is the definition of manual accounting?
Explain me some of the examples for liability accounts?
i am trying to set up a recurring reversing journal in Oracle GL, my problem is i have income balance of £30k that i only want to show 1/12th in a period over 12 months. can any one help me set it up . i want to show P01-13 opening balance £30k less £27500 P02-13 reverse P01-13 journal P02-13 opening balance £30k less £25000 etc. or does anyone know of another way it can be done automatically every month.
