what would be the journal entry for outstanding salary of 15000 paid by advance salary of 25000??
Answer Posted / romit
SALARY AC DR
TO OUTSTANDING SALARY 15000
2. OS SALARY AC DR TO BANK 15000
3. SALARY AC DR TO ADVANCE SALARY 10000
3. ADVANCE SALARY AC DR TO BANK 10000
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
describe any accounting process that you have developed or revised
what is t code of gr/ir report?
Key difference between indian accounting standards and international accounting standards is.
Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?
Explain have you ever heard about tds, what it is?
Time limit for payment of divident for listed limited companies & Unlisted public limited companies are? 30 or 45 or 60 or 90
What do you find most satisfying about this job?
What will be the journal entry of purchase and sale for ac purchased for 40000 vat 5% sold for 45000 vat5%
Can u please send me a set of accounting base questoin with answer,genraly ask by interviewer?
What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.
What is an accounting loss?
What is meant by daily accrual and booking?
How to Automate requirment mapping in QC?
When we paid TDS on commission how will journal entry come
can any accountant forward format of daily or monthly mis format for accounts and finance dept!!