Journal entry for Childcare allowance
Doug
Registered Posts: 3 New contributor 🐸
Can some one tell me the journal entry to final accounts for child care allowance of 243 *12 months =2916 This is to a Director where the allowance is recorded in Payroll .
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I would debit something like staff benefits/welfare and the credit would be to net wages as it has gone throught the payrollRegards,
Burg0
