Bank / Cash Voucher Preparetion.

This query is : Resolved

krishanu sen (Querist)
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07 August 2020 Mr X Gross salary 12561
Less P.tax 110
-------------------------------------
12451
Add Traveling 1626
--------------------------------------
Payment 14077
How to entry this in Bank / Cash Voucher Dr & Cr Wise.

GN Patankar

GN Patankar (Expert)
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16 August 2020 Hi Sen , plz once go through the basic rules of accounting . anyway first you pass the journal entry of salary & then make payment entry.
Salary account. Dr 12, 561/-
Traveling exp. Dr. 1,626/-
To, Prof tax payable. 110/-
To, Salary payable acct 12,451/-
To, Mr. X account. 1,626/-
(Being salary & exp provision made for .......)

Payment entry :- Bank or Cash
Salary payable acct Dr 12451/-
Mr X account Dr 1626/-
To Bank account 14,077/-
(Being payment made to Mr X Vide Chq no ........)

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