Interested to Buy Any Domain ? << Click Here >> for more details...
WE have paid two month Advance salary on dated 03 June 2010.
What will be journal entry inthe month of june for advance
payment. And what will be journal entry in the month of
july and August for salary adjustment.
- 5 Answers
- 9181 Views
- I also Faced
- E-Mail Answers
Answer Posted / raj
ADVACE SALRY A/C DR 10000
TO BANK/ CASH 10000
( BEING ADVANCE PAID FOR THE MONTH OF JULYAND AUG 5K+5K IN
THE MONTH OF JUNE)
| Is This Answer Correct ? | 35 Yes | 0 No |
Post New Answer View All Answers
What is the difference between General Ledger and Ledger?
Explain me by saying, perpetual or periodic inventory system; what do we mean?
Tell us what inspired you to move to the next opportunity?
Define scrap value in accounting?
Differentiate accounting and auditing?
we can transfer stock between two firms with same name but prop. is different.
Differentiate between consignor and consignee?
What is use of statistics in accounting?
what single discount is to2 successive discount of 10%& 15%
What are the most important goals of accounts receivable?
Tell me what would you say are the most important qualities of an account manager?
"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.
i am working in construction company.we have more then one projects.i enter attendance in payroll projectwise.i want salaries in projectwise not overall in payroll autofill. thankyou sir
What is accounting normalization?
if a sole proprietor pays his firms insurance policy , How it should treated in books of accounts? whether it should be treated as investment? or indirect expenses?or drawings?
