for advance salary
for advance salary
| Originally posted by : vasant | ||
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for advance salary
|
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Dear Jitender,
Can you, please provide the logical explantion of :-
Company's Contribution, which you considered to be debited???
I agree with Mr.Rajesh
if one company collected her revenue in january 2014 what recognised will show in April to dec 7 with entries. kindly help me
Mr.Jitender advise is correct. But small modification . To salary payable is incorrect. To cash/bank account is correct. Remaining all accounts are o.k.
Salary Is a Nominal Account.
The Rule Says, Debit All Expences & Losess, Credit All Incomes & Gains,
So, you will have to debit All the expences of the company of which the employee is receiving.
& credit all incomes of the company, or the employee is paying to the company so the entry as follows.
Dear All,
If my salary is inclusive of monthly bonus so what will be the journal entry for the same & final effect in the balance sheet ??
Also this bonus wil reflect under the head salary only in salary certificate or ant other separate head wil be required for the same ??
Can anyone tell what journal entries should be made for salary income?
Hello
I want know under which head the 'Gross Salary' to be taken in tally . Is it under indirect expenses of P & L a/c ?
I too agree with Mr.Rajesh advise
Sir
We have to books arrears of salary in current years Books but provision of TDS will be next year at the time of payment.
please show me TDS entries.
rgds
Ganesh Negi
how to enter payment of salary by bank to employee?
ex:- mr Raj. which list of group does he appear?
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