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
What is purchase returns accounting
What are the 4 phases accounting?
Tell me in which account does the unpresented cheque will get recorded?
Differentiate public and private accounting?
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
bank releted question interviw plz tel me
Was there a time when you lost the chance to engage a prospect? What happened and what did you learn?
How do you prepare a balance sheet from a trial balance?
what is the journal entry for gas connection taken by company for preparing tea and coffee.
Explain me fair value accounting?
Purchase and sales sahres accounting entry which have stt brokerage and other taxes
What is the equation for acid-test ratio in accounting?
HOW TO FILL PURCHASE RETURNS IN VAT 200,IF NOT PURCHASES THE PERIOD?
i have selected jr. accountant/ auditor in ssc graduate level 2008 scheme b. but i have not yet received deptt. memo and also appointment letter. when it will be come??? how much time???
what is special purpose ledger in SAP.. is it required to configure in ECC 6.0 since New GL concept is active?