what is entry in the book in march and april for salary
which is paid in april for march month?

Answer Posted / omer

Any expenses like this you need to accrue it in the
particular month it self, then in April you have to DR
Salary and CR the Accrual

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Sir i want to ask that if the salary above 6500/- than also pf deduct.

1419


What is the formula for acid test ratio in accounting?

624


What is debit and credit note?

692


Tell us depreciation and its types?

637


Tell us why did you select accounting as your profession?

653






Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.

1657


How P/E ratio usefull to the different people?

1755


accounting principles, accounting concepts,meaning of managment and financial accounting and cost accounting.

1625


WHAT IS CORE ACCOUNTING, GROUP CONSOLIDATION ? CONSOLIDATED ENTRY. COULD YOU GIVE ME AN EXAMPLE

13476


We bought some machines from Singapore (capital goods), payment made in rupees. but the invoice value is mentioned as USD. 1. party ledger shows (debit side) amount in rupees. now i need to make purchase entry. 2. shall i want to convert USD to rupees? 3. if i do like that the party ledger will be differ.. 4. somebody pls tell me the way to make purchase entry.

1028


Mention in simple terms what is the difference between asset, equity, and liabilities?

579


8. What is the difference between: a. Direct Costing Method and Absorption Method. b. Fixed Cost and Variable Cost.

1395


What is accounting period?

634


MEANING OF RED HERRITING

2062


What are the advantages of double entry system?

664