Answer Posted / shivakumar

Salary a/c Dr xxx
To ESI recd. Cr xxx
TO PF Recd. Cr xxx
To Salary payable a/c Cr xxx
(Being salary Payable is Provision entry for the month of..)
(Create Salary a/c as expense, Salary payable a/c, ESI & PF
a/c as liability

Salary payable a/c Dr XXX
ESI Recd. a/c Dr xxx
PF Red. a/c Dr xxx
To Cash/Bank a/c Cr xxx
(Being ESI & PF payment made to Govt and Salary paid to..)

please specify some books name in preparing a bank exam apttirutude questions

2050

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You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.

2338

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What is payment/receipt/period accruals?

1740

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how will you create the posting periods 3 and 5 or 5and 7?

2110

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what is budgetory control and what are the types

2452

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WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?

2493

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WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?

2274

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You been asked to prepare a training class for completing expense statements. What points will you emphasize to insure accurate expense statements are submitted?

2316

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In financial management why we calculate the cost of debt, (cost of capital) while rate of interest is given.

2022

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Exapnd--------RAN

2248

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what are the payroll procedures?

2241

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HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI

2199

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What is SOX

2182

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wat is the fundamental analysys& technical analasys?and wat is the difference bewween fundamental analysys&technical analasys?

2112

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what is circuit filter?

1920

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