Answer Posted / deepak
if you have booked salary payble a/c than,
salary payable dr 10000
to bank a/c 10000
(Being salary paid to Mr Ravi by cheque)
and if salary not booked -
salary a/c dr 10000
to Bank a/c 10000
(Being salary paid to Mr Ravi by cheque)
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
what is the nature of bill receivable and consignmenta/c
In OD Account How Many Interest Paid or Not? and second CC Account How Many Interest Paid or Not?
What do you mean by Green-shoe option?
capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)
give the details of overheads which are not included in costing
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
what is Calculation of Gross Profit Or Gross Loss?
I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T
What Question ask in MARKIT Company?
What is the Accounts Payable & Accounts Receivable ?
Can I check my Vantage credit score range online?
AN ESTIMATE OF ASSETS AND LIABILITIES ON AGIVEN DATE
how a fund flow statement benefit the individual, corporate?
Placed an order with Mani for supply of goods worth Rs.5000/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
About Funding Working Capital to a Company? A company Turn over is 12 Cr, but in the bank statement credits per month is more that 3 Cr? how this could happen? awaiting your views?
