we paid bonus how to treat entry and what is the debit and
credit
Answer Posted / tripti sen
at first we book bonus
1. bonus payable a/c.......Dr.
To Ravi a/c
payment of bonus
2. Ravi a/c......Dr
To bank a/c
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what is general accounting
what do you maen by Expected rate of return ? Is there any formula for expected rate of return? what is systematic & unsystematic risk ? how to calculate both the risk?
How can you define departmental accounting?
What all are the documents need to check for a supplier payment?
what is the rate of vat,cst,in mumbai
Define tally accounting
HI FRNDS THIS IS NARESH I DONE MBA (FINANCE)IN 2011. AND I DID COMPLETE SAP FICO.I WANT TO DO START CAREER WITH SAP FICO PLZ TELL ME PLZ HAVE ANY INTERVIEW AS FRESHER IN HYD OR PLZ SEND THIS MAIL...NAINALA.NARESH@GMAIL.COM
Tell me how you can adjust entries into account?
Explain what qualities and skills make an account manager successful?
Proprietor paid amount of Rs. 11060/- for car insurance. Pass Journal.
How can you made payment when bill come from vendor, what is the bills have you check.
Mention whether the account "cash" will be credited or debited when a company pays a bill?
In accounting, vat abbreviates what?
What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?
Tell us what inspired you to move to the next opportunity?