What is the journal entry for due salary

Answer Posted / amit srivastava

Salary Exp.A/C Dr (Indirect Exp)
To Salary Outstandinhg A/C (Liability)

Is This Answer Correct ?    40 Yes 25 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

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.

1713


what is the impact of bank garantee of rs 100000 on cash flow statement which has been expired...& impact on bank reconcilation statement

1719


journal entry for goodwill and capital bought by a new partner?

1146


Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?

3157


we had company we provide work others they deducted tds how to pass entries in my company please tell me

2777






Dear sir/madam, Want to know entry for closing of sundry creditors account on the end of the year when its accounts shows debit balance, Payment made excess. E.g Invoice rcvd : 100000.00 from XYZ company payment Made: 105000.00 Please suggest best entry for the same

1336


What was your most complicated sales cycle in past positions?

807


How is the accounting for lease transactions done?

622


Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.

2881


I WRITE GROUP-4 EXAMINATION.I STADIYING INTERMEDET HOW MANY PARSANTEGE OF GROUP-4 EXAMINETIN

2561


What is customer account?

646


difition of reserve & surplus

1751


How can you do credit control?

686


What is the difference between accumulated depreciation and depreciation expense?

697


What is a comprehensive income?

643