Journal entry for Childcare allowance

Doug
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 .

Comments

  • burg
    burg Registered, Moderator Posts: 1,438 mod
    I would debit something like staff benefits/welfare and the credit would be to net wages as it has gone throught the payroll
    Regards,

    Burg
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