What is the entry for Salary for the month of March if the
books closed on 31-03. Before 31st March and after 31st
March?
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Answer Posted / satyaki_raju@yahoo.com
Mr Mukesh
Mr Alok patnaik
Why you are debiting P&L
Mr Abhisekh according to you salries payable will not be
closed,Unnecessarly Expenses payable will be shown in
assets side
Mr Sondarraj the question is very much clear why
unnecessarly taking other allowances reserve into light
Thinkwell before you answer.
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Practioner doing since 35 years. With a view to help and
encourage youth I composed 6 sets of papers based on
Accountancy and taxation.If interested please let me know
your e-mail
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