"i have received half of the salary in advance and another
half in the end of month" what will be the journal entry for
this?
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Answer Posted / rohit bajaj
At the time receive advance
Salary Advance Dr
cash/bank cr
At the end of month entry for salary due
Salary (full amt) Dr
salary Advance Cr
Esi Payable (If gross salary =15000 @1.75%) Cr
P f Payable (if Basic < = 6500 @12%) Cr
Salary Payable Cr
At the time of payment
Salary Payable Dr
Bank/cash cr
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Company ABC split 1:3 on March 31, 2009 and split 3:1 on March 31, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 3000 $75.00 April 23, 2009 $72.00 2300 $72.00 March 31, 2009 $67.00 999 $ March 31, 2008 $275.00 300 $91.66 November 30, 2007 $233.00 6800 $77.66 October 6, 2006 $1,333.00 13000 $444.33
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1. i taken an office on January @ rent 28000.00 for one
year
and i paid 14000.00 as first payment balance will be paid on
august. in tally how we post this and under which account
especially balance 14000.0 under which account.
2.i have taken a loan from mr. A the amount is 100000.00 on
January and the interest i need to pay on march 21000.00
the interest which iam going to pay is liability not a
expense and it will be a expense in future,
how we can post this also in tally and under which account.
please somebody guide me who knows
regards
niyas
es
