Goods destroy by fire-journal entry?
Answers were Sorted based on User's Feedback
Answer / vasundara
Destiny of fire A/C ..........Dr
To furniture A/C
Is This Answer Correct ? | 0 Yes | 6 No |
Answer / naveen kumar r
Goods destroyed by fire a/c Dr
To Trading Account
Is This Answer Correct ? | 1 Yes | 13 No |
Answer / riya edwina
Trading A/c Dr.
To Good destroyed by fire A/c
Is This Answer Correct ? | 2 Yes | 14 No |
Answer / sibaprasad mondal
Abnormal loss A/C----------- DR
TO, Stock A/C
Is This Answer Correct ? | 1 Yes | 13 No |
journal entry for prepaid insurance and salary outstanding
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Suppose a person is paid @ Rs.1 Lac Per Month for 2 months by the Owner/Director prior to the Company's incorporation for Managerial work and that person continues to work with the Company . Is the Director liable to deduct TDS on his Employee's Salary before incorporation also? And when the Company is incorporated after 2 months, Is it possible to show this expenses as Pre-incorporation Expenses?.What would be treatment for Salary Paid and TDS Deducted when the Company is incorporated? How will we give TDS Certificate to the Employee at the end of the Financial Year?
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5 Answers Deloitte, Northern Trust,
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