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What is the entry for salary paid

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 October 2012 Hi experts
iam new to Industry experience ..

what is the entry for salary paid
which inclde..professional tax,pf,esi,hra

thanks
sada

17 October 2012 Salary A/c Dr.
HRA A/c Dr.
To Prof Tax A/c
To PF A/c
To Income Tax A/c
To ESI A/c
Debit the salary A/c and all the allowances given along with the salary. Credit the deductions from the salary. These deductions accounts will closed after the payments for which the amout is deducted.

17 October 2012 Agreed with the reply




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