what is the entry for provission for salary t 31march and
1st april and payment
Answer Posted / parvez alam
SALARY A/C DR.
TO SALARY PAYABLE A/C CR.
(SALARY DUE )
SALARY PAYABLE A/C DR
TO BANK A/C/CASH A/C CR.
(BEEING PAID)
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
what are doucement required under registration of properity firm. give the answer breif
How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.
Define social responsibility accounting
what is groups and and ledgers in tally can you give why we need to prepare them
What is the diffrent job&project accounting?
why i want to join Hawkins company
Do you know what is liabilities and what all does include in current liabilities?
can we credit depreciation of the year to the general reserves in a balance sheet of that year? and also enlist some relevant documents or standards?
What is the basic accounting equation?
i had taken one year gap in completing my graduation bcom should it be considered as backlogs i dont have any kt or anything else i have passed all exam in one trial
What are the important things to be remembered while preparing a bank reconciliation statement?
What's the accounting entry when an Invoice is created in AR?
What would be journal entry for--Encashed a bank draft belonging to X? Ans as given in textbook is Bank account debit to Cash account credit.......But shouldnt it be Cash account debit to Bank account credit...Wat do u guys feel??And do explain ur answers..Thnx in advance
I purchased a machine and finance it by bank with the amount 1900000 and bank apply the finance charge 440000 for 3 years finance how to pass this entry still machine value is 2200000 is finance charge is interest (indirect exp.) pls help me.
How many types of business transactions are there in accounting?