we paid bonus how to treat entry and what is the debit and
credit

Answer Posted / cn.selvam

PAY ROLL LIABILITY Dr XXX
TO BANK/CASH XXX
(BEING BONUS PAID TO MR.A)

Is This Answer Correct ?    4 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Cheque Received From Customer What is accounting entry and in which vocher. coustomer order is 100 items . 5 items given to customer cost rs 2000 5 items Total 2000 and remaing 95 items not deliveried 100000 Cheque Received

1810


Follow up ageing balances of Debtors & Creditors and also Inventory

1719


please advice example of any single journal entry which include all 3 accounts i.e personal, real & Nominal a/c.

1902


Write about the media role in daily life

1750


What are the advantages & disadvantages of double entry system?

729






pls. tell me with detail (what is the rate of service tax and w.c.t. for a contractor who do civil work -make building and repairing. what is the format of generate a bill for (with material and labour both ) what entry should i pass in my accounts bokks. general and sales entry.

1779


what is faviourable balance,and overdraf balance in Brs? Give me sms on this no. 9885789716

3328


Can you differentiate public and private accounting?

799


Tell me what is tally accounting?

3610


what are the steps for the payment cycle of the firm or company?

1673


could i know how to accounting lease intrest ?

1621


What is ERP? Diff b/w Income & Expenditure a/c & P/L a/c? What is the fullform & the application of SAP? What is the reasons where Balance sheet will not tally?

1942


What is the importance of accounting standards?

792


What do you debit and credit if discount allowed is underrated?

1036


purchase return liability or asset?should it be included in the balanced sheet?

1144