Suppose salary of march paid in april then what are the
entries to be made in Tally in march and april and salary
payable ledger to be created under which group? and salaries
to staff ledger to be created under which group? What will
be the journal voucher entry and payment voucher entry?
Answer / bharathi
When we are making provisions for salary for the month of
March the following entries to be made
Salary A/c
To Salary Payable A/C
(Being Salary - Provisions for the month of March)
When we are making payment salary pertaining to the month
of March in the month of April The following entries to be
made
Salary Payable A/c
To Cash / Bank A/c
(Being Salary paid for the month of March)
Salary Payable Ledger to be created under Current
Liabilities group
| Is This Answer Correct ? | 30 Yes | 1 No |
Provident Fund a/c will comes under which account Personal, Real or Nominal A/c
What Is The Entry Of fixed Assets & Which Ledger? How Many Entries Are Posted For 1 Transaction? If We Paurchase Asset From XYZ Ltd. & Make Payment.
sIR, DEAR SIR, WE ARE PREPARING EXPORT INVOICES AT THE TIME OF INVOICE PREPARATION WE MENTIONED EXCISE, EDN CESS AND SH EDN CESS AMOUNT ALSO IS IT CORRECT ARE NOT BUT I THINK WHEN MATERIAL SOLD EXPORT EXCEMPTION FROM EXCISE, EDN CESS AND SH EDN CESS WHICH EVER IS CORRECT. PLEASE CLARIFY MY DOUT. ADVANCE THANKING YOU,
cheque deposit is a contra entry?
Under which category in the balace sheet will closing stock appear
On January 20x2, the balances of ABC Ltd's provision of doubtful debt account was $1510. During the year, a total of 3750 of account recievable was written of as bad debts. The balance in the provision for doubtful debts account at 31st Dec was 1450. What is the total amount of bad debt recognised this year?
How is the accounting for lease transactions done?
Loss on issue of debentures is treated as ____________. (a) Intangible asset (b) Current asset (c) Current liability (d) Miscellaneous expenditure
Under which group in airtel a/c ledger
rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
How is the accounting for hire purchase transactions done?
deduct deperection from land true or false