what is the Journal entry for Salaries outstanding? Giv an
example.

Answer Posted / subash

salary a/c dr
to salary payable a/c

salary due


salary a/c dr
to bank/cash a/c

payment

Is This Answer Correct ?    12 Yes 34 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Does any one attented HSBC audit compliance test? Please let me know asap. suraj

2345


Can anybody tell when sbh dispatches appointment letters for Clerical for people completed medical and scrutiny of documents on 15/08/09?

1913


when will be appsc exams will held pls give me the dates

2207


How does a bank or financial institution calculate COGS? What are the 'direct' costs of a loan or deposit revenue operation?

7528


1) What is the steps of delisting the listed company 2) How to spliting the listed company shares 3) Which way the company should function when it has paidup capital is equal or more than 5,00,00,000/- (I mean which way the company should do it work in the company Act 1956. Is the company have to appoint a CS and and managing director of a any other things which is compulsory for these kind of company which paid up capital is 5,00,000/-

1967






Income Tax Department sends cheque for INR 2 Crore as Refund after completion of Assessment for A.Y.2011 - 2012 to a Company. As per IT Return filed for this year I.T. due to Government was INR 60 Lac but was assessed at INR 70 Lac. TDS due to Company was INR 3 Crore which was admitted as INR 2.7 Crore by Government. Government also adjusts Tax dues for A.Y. 2009 - 2010 of INR 40 Lac which was disputed earlier by the Company and Appeal was lying with the CIT. Government pays Interest to the Company amounting to INR 40 Lac. Provision for Income Tax made by the Company in its accounts for F.Y. 2010 - 2011 (A.Y. 2011 - 2012) was INR 50 Lac. What would be the Journal Entry at the time of receipt of Refund of INR 2 Crore from the Government in A.Y. 2014 - 2015 in the books of the Company?

2083


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

1730


Treatment of Government grant and its utilization in P

1649


what is rate of service tax and form no. of service tax ? wt rules of service tax a particuler once .?

2011


I want to validate Customer credit payment with customer invoice, When billing time, the system check the customer credit payment, if customer credit is lesser than customer bill, system should not allow the billing further process. Can I configure in sap

1667


analyses of Cost control

1937


In the case of Internal Reconstruction of company Accrued Int. On debenture / Outstanding int. On debenture transfer or not in capital reduction a/c . Explain

1095


what is correct accounting treatment for preliminary exps and pre-operative Expsas per AS 26? or any other applicable AS?

2122


Is it possible to list only a portion of Equity Shares leaving the balance as unlisted?

2642


I am Simrat Kaur. I am persuing graduation from P.U. I have an experience of 14 months as a CSA. But i hav an experience letter of 6 months.But I can show my joinin letter of the other job. I hav knowledge of basics of computer & internet. Actually, m findin job in chandigarh. I am findin the right opportunity. so, Can u plz help me in findin the right job?? Can u plz tel me abt where interviews r goin on?

1992