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where is transfer company director salary ? is in current
liabilites , expenses or other?
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Answer / upender singh
this is treated as a indirect expense under the head
salaries(unless specific notification is delivered).
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / kanak lata
director`s salary is an indirect expense and is posted to
profit and loss account.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / sunil
salary is inderect expenese therefore its show the two
effect one of income and expenditure a/c expeniture side
and 2nd liabilites side in the balance side
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / santhosh
if director salary is all ready paid it comes under indirect exp... if it is still payable dn it comes under current liabilites
| Is This Answer Correct ? | 1 Yes | 0 No |
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