rectification of Entry
This query is : Resolved
26 May 2008
Dear Expert,
Solve query in urgency
My Query is that we Paid Providend Fund Amount for The PARTNERNSHIP FIRM from Private Limited Company Bank Account.
Please Tell us now how i can correct the Entry.
Or
I should make entry in Partnership firm by Crediting Pvt. Ltd. Company A/c and Debit to Providend Fund A/c
Reply if anyone have solution for this
Thanking you.
Solve query in urgency
My Query is that we Paid Providend Fund Amount for The PARTNERNSHIP FIRM from Private Limited Company Bank Account.
Please Tell us now how i can correct the Entry.
Or
I should make entry in Partnership firm by Crediting Pvt. Ltd. Company A/c and Debit to Providend Fund A/c
Reply if anyone have solution for this
Thanking you.
26 May 2008
in my opinion, it will not make any difference to p.f. department, from which account money is coming. so, i see no problem on that part.
now u have to paas entries for accounting adjustment only. ur suggested treartment is correct and also pass relevant entries in pvt. ltd. cos's books also.
now u have to paas entries for accounting adjustment only. ur suggested treartment is correct and also pass relevant entries in pvt. ltd. cos's books also.
27 May 2008
What was your original entry?
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