Menu
Salary of employees
Hello.
Please let me know where shall we classify salary of employees in trial balance. Sundry debtors, creditors or somewhere else?
Replies (3)
| Originally posted by : Imran Anim | ||
 |
Hello. Please let me know where shall we classify salary of employees in trial balance. Sundry debtors, creditors or somewhere else? |  |
Under the head Current Liabilities , "Salary payable"
You may put salary payable under the sub head "Other liabilities".
you may put an "PROVISION FOR SALARY" under "OTHERS CURRENT LIABILITIES"
Recent Threads
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
- Who is responsible for paying GST Liability (If th
- Excess Payment on RCM
- AOC4 auto population of previous year data
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
Related Threads
CAclubindia
