In Proprietorship Accounting How Does The Entry Made Of
Salary To XYZ When XYZ Become The Proprietor Of The
company?
- 3 Answers
- 4199 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / tej prakash sati
We can directly debit to Properietor's account by credit
the Cash/Bank account.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / abbas
First, we have to know that whether a proprietor take a
salary ??? no if partner take a salary , he is a sleeper
partner. so whatever, it is the entry is
xyz A/C................DR
TO
CASH A/C
| Is This Answer Correct ? | 1 Yes | 2 No |
Define Joint Venture
what is the accounting treatment for contingent laibility?
Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
Pls Give me Solution for me. Bcz i m persuing b.a iii But now i m working in accounts . So what i do In future .
CAN ANY OF U TELL ME WHAT QUESTION ACTUALLY ASK IN OPERATION ROUND IN BA CONUTNNIUM SOLUTION
Expand I C A I
what is Debit note and Credit Note ?
how to take print checks in tally
2 Answers SMS Pharmaceuticals,
what is the difference between long term debt and short term debt?
Expand---------TSRM
What is the difference between P/L A/c and Balance sheet? When an adjustment account is prepared?
What is Contingent Liabilities?
Audit 
