PLS SUGGEST ME ABOUT SALERY ENTRY.
MR. A HAMARA CREDITOR HAI VAH HAMARE STAFF KI SALERY VO DE RAHA HAI. MR. A NE PAYMENT HAMARE ACCOUNT ME TRANSFER KIYA HAI. PLS HELP US FOR JOURNAL ENTRY...
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Tally journal entry
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Bank A/c Dr.
Party(Creditor) A/C
(Cash Receiced from creditor through Bank)
Salary A/C Dr.
Bank
( Salary paid to mr. eeeee (Employee) through bank)
pls expain the calculation on interest on kvp as acrual basis for income tax purpose
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