Accounts entry

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

21 June 2012 there is a company ABC & its two Branch by namely Co. A Co.B.
my query is, all branch paid there salary from their bank A/c. WHAT WILL BE ENTRY IN ALL CO. AND TWO BRANCH FOR THE SAME

CA Prashant Gupta

CA Prashant Gupta (Expert)
Follow

21 June 2012 if all accounts are maintained in HO then

salary A/c Dr
To Bank

this will be in HO accounts for full salary

But

if branches has its own accounts then
in Co A will pass entry
Salary A/c Dr
To Bank (if separate bank)
or
Salary A/c Dr
To ABC Co ( if not separat bank)

in HO

Co A Dr
To Bank (if not separate bank)

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA K GIRIDHAR

shubham agrawal

T E SOUNDARARAJAN

Krishnan V

Sivanath VV

Subscribe Now

Accounts entry

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

GST CONSULTANCY

Manager- Finance and Compliance

Accountant

GST CONSULTANT

Senior Executive