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Claim paid to worker due to death on duty

Rajender Verma (ACCOUNTS MANAGER) (28 Points)

13 December 2018  

Dear Sir,

Our Company has paid Rs.eight lacs to a workers nominee due to death on duty time.Please advise the accounting entry and account head to which it is to be debited.

Regards 


 3 Replies

ANIMESH CHOWDHARY (Practicing CA) (305 Points)
Replied 13 December 2018

Compensation to Emploees A/c dr(Indirect Expense head)

    To Bank A/c

Rajender Verma (ACCOUNTS MANAGER) (28 Points)
Replied 14 December 2018

Thanks Animesh ji

Rajender Verma (ACCOUNTS MANAGER) (28 Points)
Replied 14 December 2018

Thanks Animesh ji


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