Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


How to enter every month employees salaries in P&L a/c and
why we use JOURNAL VOUCHER for salaries?



How to enter every month employees salaries in P&L a/c and why we use JOURNAL VOUCHER for salar..

Answer / syed iliyas

Not only the salaries but all the transaction entries are
need to enter in journal first for proper accounting. And
salaries are entered by debiting employees account and
crediting the bank or cash (by which mode it has paid). And
regarding the p/l account when ever will be p/l account is
prepared it was automatically has to take as indirect
expences in the profit and loss account.

Is This Answer Correct ?    6 Yes 3 No

Post New Answer

More Accounting AllOther Interview Questions

If i pay 50% advance to advertise agency towards advertisement expensise, should I deduct TDS on advance payemnt.

5 Answers  


how to mention last year profit of ay private limited company in current year balance sheet ?

0 Answers  


What are the types of the Balance sheets ?

14 Answers   Capital IQ,


what is current rates of tds ? how many form are used to deposit tds?

3 Answers  


A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty

0 Answers  


EXPAND___________NSDL

4 Answers  


What is life ?

7 Answers   KPMG,


what are the types of leasing and their accounting entries?

2 Answers  


Hello, Can u tell me the procedure of Sale Tax Registration in Jharkhand. (VAT & CST )WITH Supporting Proof

1 Answers   Airtel, HP,


What is meant by consignment

0 Answers  


what is the treatment of frieght paid on purchase of fixed asset? & where it shold be shown?

3 Answers   Infosys, John Fowler,


Short Answer on ___________Authorised Share Capital

2 Answers  


Categories