Mr.X working in an organization,He as taken to salary advance 10,000 on 15/1/2016.He total salary payed on 30,000 5/2/2016?
Answer Posted / ch.manikanta
salary a/c Dr 10,000
To salary advance 10,000
salary a/c Dr 20,000
salary advance Dr 10,000
To salary payable 30,000
| Is This Answer Correct ? | 2 Yes | 3 No |
Post New Answer View All Answers
What do we mean by purchase return in accounting?
What does it mean to do accounting training outside of public practice?
What are the purposes of maintaining control ledgers?
What is the difference between deferred revenue and accrued revenue?
What is project implementation?
Tell me what does the standard journal entry includes?
In which ways is math used in accounting
I post Optional Voucher in Tally.ERP in which there is deduction of TDS is applied. But when I convert this voucher as regular voucher the TDS entry have to make again why so
cheque deposit is a contra entry?
1.A Company with a net income of $ 7,650 in a year and has 3,000 outstanding shares. Calculate the Earning per Share (EPS).
Define each Flexfeild qualifiers (natural accounts, balancing acc., secondary tracking, cost center)
Can you send me advertisement format for lost of E-1 form. kindly do the needful urgently. Thanks AP
PRELIMINARY EXPENSES INCURRED IN THE YEAR OCTOBER 2012 MONTH 5LAKS WHICH ACCOUNTED IN ASSET SIDE AS ''PRELIMINARY EXPENSES''... IN YEAR END MARCH 2013, IN 5LAKS HOW MUCH AMOUNT SHOULD TAKE FOR PRELIMINARY EXPENSES WRITTEN OFF..?
What are the most important goals of accounts receivable?
i need clarification about tds will be calculate before deductions or after deductions on gross salary+incentive