DEAR ALL,
HOW TO ACCOUNT THE SALARY ADVANCE A/c. I HAVE TAKEN AN
ADVANCE OF Rs.25000/-. I HAVE DEBITED SALARIES ADVANCE A/c
AND CREDITED THE PETTY CASH A/c in TALLY. I dont't know
whether it is correct or not. If correct, in my individual
ledger no entry is reflected. Alternatively, if I debit my
self and credit petty cash a/c it is reflected in the P & L
Account, but it is not an expense. and not reflected in the
balance sheet, but reflected in P & L. I think I need to
put a journal entry. Like debiting the salary account and
crediting the salary advance account. Is this correct or
not? Can any one help me please. my mail add:
cdvijay100@yahoo.co.in or kmlnkml@live.com
The Bad Debts figure in the trial balance is 170.
The following info is to be taken into account: A
provision for bad debts of 5% of debtors is to be created
110
What do we mean by the term "Securities" when we say
that "Govt injecting/sucking liquidity in/out of the system
by buying/selling securities?
72
Short Answer on _________Business
12
Expand-------NAST
10
What's the meaning of Preferential Creditor?
75
can we get all interview questions with answers in tally 9
which mostly asked in MNC's.
142
What is pre-paid amount?
What is post-paid amount?
Explain received in advance?
Explain paid in advance?
94
wat is the meaning of bank and what role does bank play in
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About Funding Working Capital to a Company? A company Turn
over is 12 Cr, but in the bank statement credits per month is
more that 3 Cr? how this could happen? awaiting your views?
32
recently release the 6.0 version not succede in the market
why?