Complex entry

Bcom 681 views 1 replies

plz provide the solution of this Tally entry:-

 

Make provision for salary payable for the month of april 09,

Salary Rs. 126000/

(cost center- production Rs. 30000

(Cost center- Finance Rs. 25000

(Cost center- Marketing Rs. 45000

Cost Center- Admin Rs. 15000

Cost center- purchase Rs. 11000

 

P. Tax Payable Rs. 1500

PF payable Rs. 3500

TDS- Salary 1000

Salary payable Rs. 120000

 

Replies (1)

The Entry will be as under ;

1. Make the sub head of all dept salary under head Salary

2. Do the entry debiting all the sub head and make the credit to pf, tds, and salary payable with the respective amounts.

 


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