Accounting

Kumar (Accountant) (224 Points)

19 June 2014  
PLACEMENT COMPANY IS CHARGING PLACEMENT FEE FROM THE COMPANY TO PROVIDE THE STAFF & ALSO MENTION THE CHARGES OF CANDIDATE IN THAT BILL E.G. PLACEMENT FEE 10,000/- CANDIDATE CHARGE 2,000/- CAN COMPANY RAISE THE PAYMENT BY CHEQUE FOR RS. 12,000/- & DEDUCT RS.2,000/- FROM CANDIDATE SALARY IS IT CORRECT ACCOUNTING WHAT WOULD BE THE ACCOUNTING TREATMENT PLEASE ADVICE