If A is Employee of the co. his salary is 100000 per
month. tds is 20000 Rs. Professional tax is 200. then
please tell me how to enter in Journal & payment vouchers
in tally
- 9 Answers
- 9972 Views
- I also Faced
- E-Mail Answers
Answer Posted / vinay kumar
For Journal Entry press F7
1) Salary A/c Dr 1,00,000/-
To Salary Payable Cr. A/c 79,800/-
To TDS Payable Cr. A/c 20,000/-
To P.Tax payable Cr. A/c 200/-
(being salary due for the m/o the-----)
For Payment Entry Press F5
1) Salary Payable Dr 79,800/-
To Bank A/c Cr. 79,800/-
(being salary paid for the m/o----)
2)TDS Payable A/c Dr 20,000/-
To bank A/c Cr. 20,000/-
3) P.Tax Payable A/c Dr. 200/-
To Bank A/c Cr. 200/-
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What are the functions of manger -accounts and manager-finance?
How can you made payment when bill come from vendor, what is the bills have you check.
What is use of statistics in accounting?
What are the criteria for accounting job?
what is casual receipt? is it exmpted in income tax?
Explain me your track record in previous jobs, specifically speaking to any mistakes you may have made. There is little room for error in accounting?
describe the rule of garner vs murray and how it relates to the dissolution of a partnership
Are you comfortable with cold-calling?
hi every one i just want to know the entry for bank charges dt 31.3.2016 which deducted on 02.04.2016 kindly help me thank you raj
dear sir,how to maintain petty cash book. its voucher and posting on cash book and ledger A/c?
how will rectify the error in trial balance.
i am indrani,iam siting for a/c assistance post of muthoot finance..so my question is what kind of question they may ask related to a/c or finance?or other than subject what question can be asked like why do u want to join this co etc.. ?
Do you know how many types of business transactions are there in accounting?
sIR, DEAR SIR, WE ARE PREPARING EXPORT INVOICES AT THE TIME OF INVOICE PREPARATION WE MENTIONED EXCISE, EDN CESS AND SH EDN CESS AMOUNT ALSO IS IT CORRECT ARE NOT BUT I THINK WHEN MATERIAL SOLD EXPORT EXCEMPTION FROM EXCISE, EDN CESS AND SH EDN CESS WHICH EVER IS CORRECT. PLEASE CLARIFY MY DOUT. ADVANCE THANKING YOU,
Tell me how can you define departmental accounting?
