Dear Sir,
Our Company has paid Rs.eight lacs to a workers nominee due to death on duty time.Please advise the accounting entry and account head to which it is to be debited.
Regards
Rajender Verma (ACCOUNTS MANAGER) (28 Points)
13 December 2018Dear Sir,
Our Company has paid Rs.eight lacs to a workers nominee due to death on duty time.Please advise the accounting entry and account head to which it is to be debited.
Regards
ANIMESH CHOWDHARY
(Practicing CA)
(305 Points)
Replied 13 December 2018
Compensation to Emploees A/c dr(Indirect Expense head)
To Bank A/c
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