Interested to Buy Any Domain ? << Click Here >> for more details...
New emlpoyee was joined on 15th Jan and salary paid on 28th
Feb amt of Rs.20000/- and asked to give the Journal entry
for the Month of Jan, Fed and March (His Monthly Salary is
Rs.8000/-)
- 23 Answers
- 28255 Views
- Genpact, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / shad
on 31 Jan.
Salary Dr. 4,000
outsanding Salary 4,000
on 28 Feb.
Adv.Salary a/c Dr. 20,000
To cash a/c 20.000
Outstanding salary Dr. 4000
Salary a/c 8,000
To advance Salary 12,000
on 31 march
Salary a/c Dr. 8,000
to Advance salary 8,000
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / santosh kulkarni
28 th feb :- By Outstanding Salaries A/c Dr - 4000.00
By Salary A/c Dr - 8000.00
By Salary Advance A/c Dr - 8000.00
To Bank / Cash A/c Cr - 20,000.00
( Being outstanding 15 days Salary paid for the
month of Jan,salary for the month of Feb, and paid advance
against March month salary.)
31 March :- By Salaries A/c Dr - 8000.00
To Salary Advance A/c Cr - 8000.00
( Being Salary Advance received which is paid
in the month of Feb.)
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / roushan
in January
salary a/c....dr 4000
To salary o/s a/c 4000
in February
salary o/s a/c..... dr 4000
salary a/c..... dr 8000
salary in advance a/c dr 8000
To cash a/c 20000
in March
salary a/c.....dr 8000
To Salay in advance a/c 8000
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / manoj jha
salary paid on dt 28. feb. Rs 20,000.00 for the m/o jan,
feb, & march.
Entry on dt 28 feb.
Dr. Cr.
outstanding salary A/c 4000
(M/o Jan)
Salary A/c 8000
(m/o Feb.)
Prepaid Salary A/c 8000
( M/o March)
Cash A/c 20000
Bg. Cash paid to abc Agst salary for the m/o Jan
Feb, & march
| Is This Answer Correct ? | 3 Yes | 4 No |
Answer / ishwari prasad neupane
salary a/c Dr.........12,000.00
advance salary a/c...... 8000.00
to cash a/c ................. 20000.00
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / radhika
jan 31
salary a/c dr 4000
to outstanding salary a/c 4000
feb 20th
outstanding salary a/c dr 4000
Prepaid salary a/c dr 16000
to Bank 20000
feb 28th
salary a/c dr 8000
to advance salary a/c 8000
march 31th
salary a/c dr 8000
to advance salary a/c 8000
| Is This Answer Correct ? | 1 Yes | 3 No |
Answer / azeem
28th feb
Salary A/c Dr Rs.4000
(15th Jan )
Salary A/C Dr Rs.8000
Incentive A/c Dr Rs.8000
Cash A/c Rs.20000
31th mar
Salary A/c Dr Rs.8000
Cash A/c Rs.8000
| Is This Answer Correct ? | 9 Yes | 12 No |
Answer / narasimha rao
jan 15th to jan31
salary a/c dr 4000
to cash a/c 4000
feb 1 to 28 th
salary dr 8000
to cash 8000
march 1 to 31
salary a/c 8000
to cash 8000
| Is This Answer Correct ? | 0 Yes | 3 No |
Answer / send hil
28th Feb
28th Feb slary A/c(Jan ) Dr 4000
Bank A/c (Jan) Cr(4000)
28th Feb Salry A/c(Feb) Dr 8000
Bank A/c (Feb) Cr(8000)
28th Feb Prepaid Expenses(March) Dr 8000
Bank A/c Cr(8000)
| Is This Answer Correct ? | 8 Yes | 16 No |
can you tell me how to calculate it in payrool
what is the use of activity based costing, process costing, product costing, what are the steps followed for the same
What is Inventory Control?
2 Answers Industries Promotion Officer, Lanco,
Diiference between Cash & Mercantile System
How do you manage the sales account in tally
list out the accounting concepts and explain the accural concept
10 Answers Capital IQ, College School Exams Tests, SNE,
WHAT IS ABC ANALYSIS
fill in the Blanks You will always find_______________balance in cash account
How to answer for the question, tell me about ur project? I mean in which format can i say?
what is bank reconsillation statement?
5 Answers Brac Bank, Ventile, WNS,
what is shudle six balancesheet
What is finance lease
0 Answers Capital IQ, Genpact,
Audit 
