How can we post Salary, PF etc., can anybody tell me the
entry
Answer Posted / durga bhavani
salary a/c dr 100000
TO salary pfa/c 10000
TO salary payable 90000
at the time of payment
salary payable a/c dr 90000
salary pfa/ dr 10000
TO bank a/c 100000
| Is This Answer Correct ? | 21 Yes | 4 No |
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I have an S Corporation called Trend Foods Inc. I would like to make a division of that company that services computers and call that Trend Computer Service. I do not want to set up another Corporation for Trend Computer Service. Can I just make a division of Trend Foods and what paperwork do I need to fill out to make that happen? Thanks for the help, Jim
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