Accounting transaction
This query is : Resolved
07 January 2016
Dear Sir, I am working in a manufacturing company. I have a small doubt.
One of our employee broke a tool which costs Rs.2000/-. So management told to deduct that amount from his salary. Please suggest what will be the accounting transaction (Dr. A/c & Cr. A/c).
One of our employee broke a tool which costs Rs.2000/-. So management told to deduct that amount from his salary. Please suggest what will be the accounting transaction (Dr. A/c & Cr. A/c).
07 January 2016
Dear
Entry would be:
Employee A/c Dr
to Tools expense
Entry would be:
Employee A/c Dr
to Tools expense
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