Answer / monica

wages a/c dr
To wages outstanding a/c

Answer / ajay

guys just check out ans no 25 it solve all your accounting
worries

Answer / surjit singh

WAGES A/C DR
TO OUTSTANDING WAGES A/C
NARRATION BEING WAGES DUE FOR THE M/O

WHEN PAID
OUTSTAINDING WAGES A/C DR
TO CASH/BANK

NOTE WAGES A/C IS NOMINAL A/C ANY INCREASE IN IT IS DEBIT
AS ILLUSTRATED ABOVE,ANY INCREASE IN LIABILITY IS A CREDIT
IT REFLECTS ABOVE,BUT MY POINT IS O/SALARY A/C IS A
PERSONAL A/C RULE IS DEBIT THE RECEIVER CREDIT THE GIVER
IN THIS CASE SOME GROUP OF PERSONS SAY RAM SHYAM GOPAL HAS
RENDERD SERVICES TO COMPANY WITH NO BENEFIT TAKEN,SO THEY
ARE OBVIUOSLY IN CREDIT SIDE ACCORDING TO RULE CREDIT THE
GIVER REMEMBER ANY INCRESE IN ASSET AND EXP IS DEBIT AND
INCRESE IN LIABITYS AND INCOMES ARE CREDIT.

Answer / dinesh silswal

Wages A/c Dr.
Employer Contribution to E.SI. A/c Dr.
Employer Contribution to PF A/c Dr.
To PF Payable A/c Cr.
To E.S.I. A/c Cr.
To Wages Payable A/c Cr.

Answer / abhishek

Wages A/c Dr.
To Outstanding Wages A/c

Opening Entry in Next Year :-

Outstanding Wages A/c Dr.
To Wages A/c

Answer / bharani

wages outstanding a/c dr
to wages a/c cr
being wages outstanding

Answer / vijay singh

Outstanding wages a/c Dr.
To wagesa/c

Being outstanding wages paid.

can we purchase software agaist Form under In the telecommunications network; or

0 Answers   Accenture, Vodafone,

i want current year tax deduction source please let me know?

3 Answers  

this is regarding the C form. suppose Mr A registered dealer in Haryana and Mr B registered dealer in UP and Mr A issue a Purchase Order which include 4% CST on Price to Mr B for purchasing the goods. In this scenario, is Mr A is required to issue the Form C to Mr B?

3 Answers  

How TDS Is Calculated

2 Answers  

I wanted to know about the taxes in haryana on Software Licenses ( Paper licenses). what is the % of service tax and VAT. and the both the taxes is charged on Base Amount or service tax is charged first and then VAT is calulated on the amount with Service TAX?

0 Answers  

What is the implication in the subsequent sale to local party for the goods received from other state Non-Presentation of E-1 form : If 'A' of Rajasthan (Supplier) supplies goods directly to 'C' of Gujarat (Consignee) on instruction of 'B' of Gujarat (Buyer). There is no presentation of E-1 form. Question : Can tax be charged in the invoice of sale from 'B' to 'C' ?? If any, what will be charged..VAT or CST?

2 Answers  

What are the Treatment & Implications in interstate sales transactions if party is unregistered dealer & having Exemption Certificate or exempted.

0 Answers   ABC,

what do you mean by fringe benefit tax???

4 Answers  

Is banks deduct TDS for my Fixed deposits? if yes what is calculations done per lakh.

2 Answers  

is there any specific percentage related to lower tax deduction under tds

0 Answers  

Brief me about sales tax,VAT,MVAT,excise duty,custom duty,octroi & what is the difference between tax and duty.

1 Answers   DRJ ARDE,

if company have receivables Rs 50000 & payables Rs. 65000 then what will be current ratio ?

1 Answers