Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

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

Answer Posted / naresh

Keep in mind every time when you're preparing a journal entry

Assets always shows debit balance
Liabilities always shows credit balance

When payment is not made

Salary Dr
Outstanding salary CR

When payment is made

Outstanding salary Dr
Cash CR

Final entry

salary Dr
To cash CR

Is This Answer Correct ?    0 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Information regarding shop & establishment registration of propiertor ship & require document for this

2603


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

2524


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

2819


How to analyse the day to day sensex Points or Forex Values?

2890


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

1604


Treatment of Government grant and its utilization in P

2116


Is form 38 mandatory to issue c form in up. thru online mode

1821


analyses of Cost control

2405


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/-

2418


STATE & EXPLAIN THE IMPACT OF GLOBAL FINANCIAL CRIS ON CEMENT SECTOR IN INDIA:

2301


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

2674


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

8211


what is mean by tax holiday?

2628


Does provisions need to be subtracted from reserves if net worth is calculated on the basis of share capital based method

2395


why your choseing bank of america

2826