Reg : how to pass tally entry


This query is : Resolved 

Quick Summary
This discussion explains how to record director's remuneration in Tally when the company settles the director's income tax. The correct accounting entry involves debiting the Director's Remuneration Account and crediting the Bank Account. This ensures accurate financial reporting for director payments.

(Querist)
13 November 2021 company director income tax paid by company .
what is entry

13 November 2021 Debit director remuneration.

16 November 2021 Director's Remuneration A/s Debit
To Bank A/c


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