Answer / amit kumar

Dr. bonus a/c
Cr. Payroll liability a/c

If we need to create provision for bonus or any expense, we dr that expense and create liability for the same in balance sheet.

At the time of payment, we do the below entry.

Dr. payroll liability a/c
Cr. Bank a/c

Hello friends, I want to sk that Is computer proficiency certificate necessary at the time of SBI clerk Interview?and all other guys who have cleared the nov 2009 exam and have got the bio data form please give replies,,, waiting for replies ,thank you.

0 Answers  

---

what is the outcome of trading and profit and loss account

1 Answers  

---

What is the fictitious assets?

0 Answers  

---

What is field status variant in SAP FI Module?

1 Answers   IBM,

---

what is TDS what percentage its calculated

1 Answers  

---

WHAT DOES MEAN BY RECONCILLATION EXCESS/SHORTAGE

3 Answers  

---

Is there any significance between Bank Reconciliation and Account Reconciliation in Accounts?

2 Answers  

---

What is the Difference Between (A/c Payable / Receivable ) AND ( Bills payable / Receivable )................?

3 Answers   GTS,

---

How to set/ determine credit limit for customers ?

2 Answers   Infosys,

---

What is the abbreviation for the accounting terms debit and credit?

0 Answers  

---

What is Goodwill?

4 Answers  

---

company office interior work payment paid by MD on his personal account what is entry in company accounts book & md personal a/c book?

6 Answers  

---