Interested to Buy Any Domain ? << Click Here >> for more details...
Rs. 30,000 salary due to manager, but not paid. what will be
the journal entry for this transaction?
- 11 Answers
- 36665 Views
- I also Faced
- E-Mail Answers
Answer Posted / anah agarwal
Salary A/C Dr. 30000
To salary payble A/C 30000
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What are control ledgers? What are the purposes of maintaining it?
If a transaction was missed completly how do you find it?
As you know account executives need to be talented salespeople. Do you have experience making sales?
were you happy with the grades you achieved at a-level?
List of Indian accounting standards and international financial reporting standards
Explain what is involved in the process of double-entry accounting?
how much cash transaction to single transport company per day and also per year
All Interview related Questions pertaining to General Ledger,Finance & Accounts.
what are the processes of account reconcillation
Hello Friends, I am Vinod Rawat & want some tips of interview question for the post of accountant in a reputed company Pls. Given Examples.
What is a ledger? What do you mean by ledger posting?
Discuss the consistency concept in accounting
DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in haryana. The company's sales in the year ending on 31st march 2007 were Rs.1000 million(Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of the company is 14 percent.The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30 million per annum. The plant can be sold for Rs.200 million: (a) The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annum installment of interest and repayment of principal. (b) A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: (1) Should the company expand its capacity? show the computation of NPV. (2) What is the annual installment of bank loan? (3) calculate the quarterly installment of the financial institution loan. (4) should the company borrow from the bank of from the financial institution?
Hi,Friends, I have a simple question in my mind that I have one head office that in faridabad and other branch in delhi,i purchase material in delhi for availing the tax benefit in delhi then i transfer the same material to head office(faribabad) agianst "F" form,i purchased material in delhi basic price rs. 5 +.42 taxes it comes rs. 5.42/-,my question is on which amount i should transfer the material from delhi to faridabad i.e 5,5.42 or 5 + freight(if any).kindly please solve my problem.
say something about your school
