Regard salary entries

about salary slip and how to make entries in tally of all salary provisions

Replies (2)

Provision for salary 

1)     Salary            A/c  Dr 

        To Provision for Salary    A/c   Cr 

   (  Being  salary  payable ) 

 

2)  when you pay  salary 

     provision for salary           A/c     Dr

    To Bank                             A/c     Cr 

 ( being  salary  paid ) 

Not a provision for salary
you denote this term salary payable

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