Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

How can we post Salary, PF etc., can anybody tell me the
entry

Answer Posted / ashwin kumar

Gross Salary a/c dr to pf payable a/c to Accrued salaries
a/c
(Employee salary exp to company,pf deducted from the
employee,Salary payable to employee)
PF a/c dr to pf payable a/c(emplyer contribution of pf)

Accrual Salaries a/c dr,To Bank a/c(salary payment)
PF payable a/c dr to bank a/c(pf remitence)

Is This Answer Correct ?    5 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

I am going for interview in Cross domain for Finance & Accounts opening. If any one having any question paper or question that might be asked in interview pls send me on my mail id -ruchi_singh759@rediffmail.com, or here.

6798


what do you mean by accounting (or) why accounting ? ( generally we have to speak about our achivements and goals)

1828


who introduces the single entry format?

1978


what is the global prameters why are you selecting for the negative posting period allowed, defalult value date,proposed fisal year

2590


what is the document spliting?

2118


Which document should be attached with purchse & sales invoice?

1932


During Cutover Activities of New SAP Implementing Company what we have upload for Closed Fiscal year (that means Legasy to SAP ) Balance sheet or Trial Balance , What is the difference of the Both?

1899


Being BE student why you want to join bank?

2415


what is the use of accounting standards

1966


What will be entry pass in tally if TDS paid by Credit Card.?

2079


discounted our own note 60-18% for 4,500 note. the proceeds will be directly credited to bank account. what is the entry of this?

1897


Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From

2455


WHAT IS THE PROFILE OF FINANCE EXECUTIVE IN TEXTILE INDUSTRY

2092


what is mba tell me the more benefits in mba

2212


CLASSIFY THE FOLLOWING INTO REAL,NOMINAL AND PERSONAL- 1.unpaid salaries a/c 2.arvind mills a/c 3.arvind mills shares a/c 4.prepaid rent a/c 5.fire insurance premium a/c 6.life insurance premium a/c 7.petty cash a/c 8.loan given a/c 9.interest received a/c 10.loan received a/c

1520