EASYOFFICE

Salary

This query is : Resolved 
Profile Image

Profile Image

(Querist)
10 July 2013 If Salary of an employee is retained by the company and paid to him at the year end, what will be the treatment of the retained Salary from the point of view of the company?

For eg. Salary of X is Rs 50000( of which 25000 is retained), how will the company account for retention of Rs 25000?

Thank you,
Kinjal
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
11 July 2013 Need to show as Payable under current liabilities.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links