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...

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/-)

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?

2032


commisiion recieved journal entry and receipt required

1518


Hello every one i'm going to interview for as an account profile company is construction works so plz guys help me about furthering interview question

2186


If i have a company in India doing purchase from Shrilanka, If i buy in Shrilankan local currency and make the payments in Indian Currency At the end of year how shall i settle the difference Exchange money in Books of Accounts.

2333


define accounting,scope of account , types of account ?

3659


Why we reconcile our debtors? what steps we taken during reconciliation.

2118


how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world.

2006


what type of questions are asking for fund administration???

5503


what are the content of purchase order?

2140


In case of cement plant we have to capitalizee locomotive engine my question is about the rate of depreciation on SM basis and category in which it should be capitalize?

2203


What are events occuring after the balancesheet date?

2267


what is Contra Asset?

13962


Can anyone expain.. why the sensex is in points. And why the ratios is calculated. In what way its uesfull to the organisations

2279


How exchange rates are maintained in sap

2079


what is book profit

2255