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 Prepaid Expenses and
OutStanding Salary?

Answer Posted / arun mahali

Jan. 1 2010 salary outstanding 1,200
Dec. 31 2010 prepaid salary 1,000
Dec. 31 2010 Salary paid during the year 30,200

Is This Answer Correct ?    0 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Expand SOIT

1954


what is Functional Specification in SAP FICO?

1082


We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?

2169


How exchange rates are maintained in sap

2069


EXPAND______________IARCS

2036


credit card entry in tally

1481


Expand---------MRDT

2386


For how long should prepayments be carried in the books as fictitious asset and when is it ideal for a new coy to pay tax

2143


ACCOUNTING STANDARDS ISSUED BY INSTITUE OF CHARTERED ACCOUNTANCY INDIA FOR PREPARING FUND FLOW STATEMENT

2070


how do you prepare the mis reports and prepare the one example report stating your accounts department proforma

2102


EXPAND___________IMA

2137


Distinguish capital and Revenue receipts

2319


What is meant by Nostro Reconciliation

2185


I have an S Corporation called Trend Foods Inc. I would like to make a division of that company that services computers and call that Trend Computer Service. I do not want to set up another Corporation for Trend Computer Service. Can I just make a division of Trend Foods and what paperwork do I need to fill out to make that happen? Thanks for the help, Jim

2179


drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?

1527