Answer Posted / premarajan p

Dr Outstanding salary Dr. 00 Cr 1000
When paying cash/bank
It is debited
Cr .salary cash Dr.Rs 1000

I have interview in Accenture,already anyone attend the interview, kindly gave some information about accounts interview & also about the company.

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Spinoff,Spelloff

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What elements of your job do you find most difficult?

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Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?

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Explain which account is responsible for interest payable?

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Explain me where a cash discount should be recorded in journal entry?

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Tell me what is trial balance in accounting?

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Do you know offset accounting?

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What will be the entry when deduct ESI @1.75% from the employees salary?Same as in the time of ESI of employer part @4.75% in tally posting? In PF posting in tally what will be the entry ?

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what are the limitations of accounting conventions

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What is good accounts Process & Execution capabilities?

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What is quality discount?????//// pls mail ur answers at my e - mail ID : kamalsodhi24@gmail.com

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What is partnership accounting?

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A COMPANY IS SERVICE PROVIDE TO B CO. 100,000 AND CHARGED STAX 10000 TOTAL BILL RAISED 110000 AND RECIEVED 30% FROM B IN DECEMBER AND 40% RECIEVED IN 10JAN2011, BALANCE 40% RECD IN 10 FEB2011 WHAT WILL BE GENERATED ACCORDING ACCOUNTING PRENCIPLE OF BOTH SIDE (MEAN A &B) WITH REVANUE& PROVISION PLEASE TELL ME

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record the following transaction in the various books of accounts F Black loan us $5000 paid by cheque.

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