Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


"X" company paid the salaries to staff. Then what are the
entry? Is debiting the employee A/c, or Salary A/c? If
salary A/c debited, how we can find if "a" employee salary
paid or not? If we debiting the employee A/c, how to find
how much amount we paid for salaries?

Answers were Sorted based on User's Feedback



"X" company paid the salaries to staff. Then what are the entry? Is debiting the employe..

Answer / venkatesh

Dear sir,

salarys a/c Dr
To bank a/c
(being salary paid to mr.kandan towards salary for the month
of may 09 vide chq.no.xxxxx)

you have to give like this naration then easily we will
findout )

take ledger total salary paid details will come
or
if your debiting to the employee a/c
you have pass the journal entry monthly once
employees a/c Dr
TO BANK A/C
(BEING SALARY PAID)
PASS JOURNAL ENTRY
SALARY A/C Dr
To employee a/c
(being transfered)
better follow salary debit

venaktesh

Is This Answer Correct ?    22 Yes 2 No

"X" company paid the salaries to staff. Then what are the entry? Is debiting the employe..

Answer / venkatesh

dear sir,
once you can do your tally
crate group salary
then go to ledger creation
1. mr.ravi salary a/c
under salary
2. mr.raju same as follow above

no` of person emloyee create then easily find out ok

venkatesh

Is This Answer Correct ?    5 Yes 6 No

Post New Answer

More CompanyAffairs CS Interview Questions

what is bank of america

1 Answers   Bank Of America,


what is meant by search report of the company n why is it prepared?

0 Answers  


difference between cash book and bank book?

18 Answers   Accounting, College School Exams Tests, IBM,


when is the last date for filling of tds 4 th quarter

4 Answers  


why share issued over the par value? or why issue share by share premium?

5 Answers  


What is preferential order of payment to the following in the event of winding up a company? What is the correct order??? 1.Bank loan(secured) 2.Preference share capital 3.Debentures 4.Equity shares

1 Answers  


what is contra entries defination and meaning and some example

3 Answers   Infosys,


STATE & EXPLAIN THE IMPACT OF GLOBAL FINANCIAL CRIS ON CEMENT SECTOR IN INDIA:

0 Answers  


What is the rate for filling of Company returns?

2 Answers   Infotech,


What do you mean by Small Scale Industries, and what is the benefit of going to SSI, Pls explain in detail ??

1 Answers  


state your views about liberalisation of banks

1 Answers  


sir i want aao lic exam model question paper

0 Answers  


Categories