Salary

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

22 June 2015 Dear Expert,

Please give me a solution for this transaction?

Salaries 30000
PF (10%) Employer Contribution 3000
PF (10%) Employee Contribution 3000
TDS 3000

What is the journal entry for this transction?

CA Kapil Verma

CA Kapil Verma (Expert)
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22 June 2015 Salary dr. 30000
To bank 24000
To Tds payable 3000
To Employee contribution 3000

Employer contribution (expens) dr. 3000
To bank 3000

CA Kapil Verma
Founder- www.taxadvizer.com

Querist : Anonymous

Querist : Anonymous (Querist)

23 June 2015 Thank you very much sir