Salaries and wages per general ledger is 288,000 of which 56,500 is paid
in advance.
Req: Prepare adjusting journal entries from the books of audrey company
as of dec 31 09. (pls help me with this, I'm a bit slow but willing to learn,
thanks!)
Answer / rajan ram
Salary & Wages A/c..Dr RS.288000
To Employee A/c. RS.231500
To Advance to EmployeeA/c..Rs. 56500
| Is This Answer Correct ? | 3 Yes | 0 No |
Briefly explain the difference between receipt & payment and income & expenditure account.
what is tds and rate of tds
Hi I would like to know what is journal entry for buying securities with Margin Trading I mean 50% of cost is paid by broker. 2nd question is when we withdraw extra money from the balance we have in bank account which means our balance become (-) what is journal entry for that, should I just credit the bank or should I put the extra money with-drawled as a liability account ? Thank you in advance!
how to treat outstanding salaries in accounts statements, how it is shown in receipts & payments account, income & expenditure account & balance sheet
what is proviosion for bad debts and provision for bad and doubtfull debts
Explain in simple terms what is the difference between asset, equity, and liabilities?
What is Amalgamation?
how&when brs is prepared
what is debit note & credit note?
what is sensex
what is the difference between directors capital and current a/c
In which ways is math used in accounting