we given watches to Employees how to treat accountability what
is the debit and credit, or any provision to be ?
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WE have paid two month Advance salary on dated 03 June 2010. What will be journal entry inthe month of june for advance payment. And what will be journal entry in the month of july and August for salary adjustment.
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In the income statement we may get profit or loss but the name of the statement was Profit and Loss account Why it was so?
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