Interested to Buy Any Domain ? << Click Here >> for more details...
Raman site engineer joined on 1-1-2009 in the company with
an agreed salary of Rs 20000/-. On the joining date he was
given advance of Rs 50000/-agreeing for adeduction of Rs
7500/- for month from salary. Pass salary entry till
March,and let me know the advance balance as on 1st April
- 4 Answers
- 6102 Views
- I also Faced
- E-Mail Answers
Answer Posted / pawan
Salary a/c Dr. 20000.00
Raman's Advance a/c Cr. 7500.00
Cash / Bank a/c Cr. 12500.00
As on 1st April The Advance will be Rs. 27500/-
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
Name the Accounting Concepts
I KNOW THAT INSURANCE CHARGES ON PURCHASE OF VEHILE (LIGHT/HEAVY VEHICLES)HAS BEEN CAPITALISED OR NOT.?
what is mean by traditional accounting ?
Assets are held in the Business for the purpose of____________________
Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From
What is Split And buy-back?
HOW TO MAINTAIN BANK A/C
Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?
Expand-------ANTS
Whether setting up of diary plants comes under CMA under Farm Sector or Non Farm Sector
WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?
give me only one transactions in both side (debit&credit) should be in real accounts
What is Risk Assessment?
Expand-------ANC
What is finance lease
