Answer Posted / dheer singh rathore

There will be two entries for this in the books of employer:
1. entry at the time of paying salary advance (half month
salary)
Dr. Salary Advance A/c
Cr. Cash/Bank A/c

2. entry at the time of paying half month salary in the end
of the month.
Dr. Salary A/c (full monthly Salary)
Cr. Salary Advance A/c ( half salary)
Cr. Salary Payable A/c

Financial Accounting

2266

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How do you add/remove a payment block for particular invoice ?

2179

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what is cost center & cost categories in tally

2340

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How P/E ratio usefull to the different people?

2163

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What are the types of liabilities accounts?

1042

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What is the difference between lc and bg(letter of credit

1945

---

What are the uses of journal in accounting?

1061

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if no production is take place at the start of a process in royalty accounting what will be the accounting procedure for that.

1974

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Mohan sold goods on 1st sep 2009 for the rs 200000/- to sohan immediatly accepted a 3 month bill.on the due date sohan request for the renewal of the bill for further peirod of two month .mohan agree to pay interest @9% per annum to be inculuded in the new bill . determine the amount of new bill?

3344

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Tell me by saying, perpetual or periodic inventory system; what do we mean?

1182

---

How the Depreciation will calculate in Company?

2187

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Recall a time when you faced a dissatisfied and aggressive customer. How did you handle it?

1044

---

The main financial accounting statements?

1074

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A Company has not deposited its ESI /PF dues from 01-04-10 till 31-12-10 in a year (Both the shares). What is the maximum time limit for that and is the liability as on date. Management wants to daly at the maximum, but want the calculations of each & every aspect- monthwise. The avrerage no. of employees are 50 and the salary is around 2.00 to 2.5 Lacs per month.

2004

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Why did you select accounting as your profession?

1001

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