What is Journal Entry for Provision for Leave Salary
Answers were Sorted based on User's Feedback
Answer / ruman jha
Salary A/C Dr
To Provision For Leave Salary
(ii) Provision For Leave Salary A/C Dr
To Bank A/c
Is This Answer Correct ? | 47 Yes | 7 No |
Answer / shameemudheen
1 Entry has to pass on every month end
Leave Salary DR
Provision for Leave salary CR
(Being Leave salary expenses)
2nd entry should pass agaist the first entry
Provision for Leave salary DR
Bank AC CR
(Being leave salary expenses paid from bank subject to provision made (specific month)
Is This Answer Correct ? | 6 Yes | 0 No |
wages and labour entry
4. Operating Assets: $ 100,000 Operating Income: $ 18,000 What would be the rate of Return on Investment (ROI)?
If ABC security service provider monthly bill for the month of Jan is Rs.2,00,000/- including TDS 2% and Service Tax 12%, Edu.Cess 2% and SHE Cess 1% what is the journal entry.
If current liabilities shown in assets side of balance sheet.... what they did wrongly??? how can change the liabilty side from asset side???
2 Answers ADI, Blue Pearl, BridgeStone, Confidential, Orion, PIPL, Vignesh, Wipro,
What is the formula for acid test ratio in accounting?
3, SURVEY EXPENSES FOR MARINE INSURANCE CLAIMS MUST BE A, addedto claim B, added to legal charges c, added to administrative expenses d, none of the above
Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?
7. Calculate the Selling Price: Cost is $ 30. Markup is 30% * Markup is based on cost * Markup is based on selling price
Is accounts payable and bills payable the same?and B/R & A/R the same ?
whether bills of exchnge can come under the category of reserves and surplus
0 Answers Iyer Coaching Centre,
How to Calculate Salary..? What is % will be taken for Basic Salary,DA,ALLowance,ESIC,PF,PT...Plse Clarify both side Employer & Employee..
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.