what is the Journal entry for Salaries outstanding? Giv an
example.

Answer Posted / vikki kumar

Salary a/c Dr.
To Salary outstanding a/c

(being salary due)

while salary paid

Salary outstanding a/c

To Cash/bank
(being salary paid)

Is This Answer Correct ?    135 Yes 8 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is mean by tax holiday?

2129


Is form 38 mandatory to issue c form in up. thru online mode

1341


I am Simrat Kaur. I am persuing graduation from P.U. I have an experience of 14 months as a CSA. But i hav an experience letter of 6 months.But I can show my joinin letter of the other job. I hav knowledge of basics of computer & internet. Actually, m findin job in chandigarh. I am findin the right opportunity. so, Can u plz help me in findin the right job?? Can u plz tel me abt where interviews r goin on?

1987


analyses of Cost control

1931


Income Tax Department sends cheque for INR 2 Crore as Refund after completion of Assessment for A.Y.2011 - 2012 to a Company. As per IT Return filed for this year I.T. due to Government was INR 60 Lac but was assessed at INR 70 Lac. TDS due to Company was INR 3 Crore which was admitted as INR 2.7 Crore by Government. Government also adjusts Tax dues for A.Y. 2009 - 2010 of INR 40 Lac which was disputed earlier by the Company and Appeal was lying with the CIT. Government pays Interest to the Company amounting to INR 40 Lac. Provision for Income Tax made by the Company in its accounts for F.Y. 2010 - 2011 (A.Y. 2011 - 2012) was INR 50 Lac. What would be the Journal Entry at the time of receipt of Refund of INR 2 Crore from the Government in A.Y. 2014 - 2015 in the books of the Company?

2081






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

2006


MY QUESTION IS THAT IS WHEY WE SELL THE UPS IN THE MARKET BUY FROM THE IMPORT WHAT THE DUTY WE WILL FORWARD TO THEM.

1883


How does a bank or financial institution calculate COGS? What are the 'direct' costs of a loan or deposit revenue operation?

7524


STATE THE DIFFERENCE BETWEEN BANKING FIS AND NON BANKING FIS

2163


Information regarding shop & establishment registration of propiertor ship & require document for this

2044


Does any one attented HSBC audit compliance test? Please let me know asap. suraj

2339


How often is the stock market ticker updated? 15sec? 30sec?

2372


Treatment of Government grant and its utilization in P

1644


what is the abrevation for JJ in form jj

1454


Is it possible to list only a portion of Equity Shares leaving the balance as unlisted?

2636