"X" company paid the salaries to staff. Then what are the entry? Is debiting the employee A/c, or Salary A/c? If salary A/c debited, how we can find if "a" employee salary paid or not? If we debiting the employee A/c, how to find how much amount we paid for salaries?

2 Answers  

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Two charities are setting up a joint fund raising operation. How do you account for this?

1 Answers  

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i have cleared c.s inter. for the purpose of training i want to know the companies who are providing training of c.s in punjab state.please help me in this.

0 Answers  

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difference between cash book and bank book?

18 Answers   Accounting, College School Exams Tests, IBM,

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how to start a personal finance company that is not require RBI registration.

2 Answers  

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what mean by derivatives?

5 Answers  

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Recently while appraising a loan proposal I noticed that the company was a newly formed company. While allotting the capital among the share holders the shares were allotted at a huge premium. What is the reason for showing a huge premium?

3 Answers  

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How many stock exchanges in India

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Occasionally it is said that issuing convertible bonds is better than issuing stock when the firms shares are undervalued. Suppose that the financial manager of Decent Furniture Company does in fact have inside information indicating that the decent stock price is too low. Decent furniture earnings will in fact be higher than investor’s expectations. Suppose further that the inside information cannot be released without giving away a valuable competitive secret. Clearly, selling shares at the present low price would harm Decent’s existing shareholders. Will they also lose if convertible bonds are issued? If they do lose in this case, is the loss more or less than it would be if common stock is issued? Now suppose that investors forecast earnings accurately, but still under value the stock because they overestimate Decent’s actual business risk. Does this change your answer to the questions posed in the preceding paragraph? Explain.

0 Answers   OGDCL,

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what is equity capital. what is authorised capital. What is debentures. what is paid-up capital.

3 Answers   DELL,

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what is rate of service tax and form no. of service tax ? wt rules of service tax a particuler once .?

0 Answers   iGate,

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what is three accounting rule?

6 Answers   HP,

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