as we are working in erp jd edwards in this the company
gives advances to their employee for expenses n receives the
amount either by cash or receives the same by deducting the
salaries
wt type of accounting entry will be passed

Answer Posted / priyanka

employees a/c dr
cash a/c cr.
salaries a/c cr

Is This Answer Correct ?    7 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

1.WHAT IS BRS? 2.WHY DO WE PREPARE BALANCE SHEET? 3.WHAT IS TRIAL BALANCE? 4.WHAT IS VENTURE CAPITAL? 5. WHAT IS DEFFERED REVENUE EXPENDITURE?

6782


I have interview in Accenture,already anyone attend the interview, kindly gave some information about accounts interview & also about the company.

1835


What is an interlocking accounting system?

708


Define executive accounting?

755


Interest received 5,000 and still receivable Rs. 2,000 PLease give journal entry for this!

1057






Unrealised profit will be debited to ?

1460


Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?

655


HOW WE MADE ENTRY OF SURCHARGE ON VAT PURCHASE IN PUNJAB

1702


In the Manufacturing IF QC reject the material. Then where to record rejected material amount.

1474


why you want to lecturer

1772


Do you know what is a cpa?

592


Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.

1415


WHAT ARE THE DIFFICULT ELEMENT OFF JOB

1628


How to pass an general entry for materials which are stored in warehouses??????

1835


what are the limitations of accounting ratios?

612