Answer Posted / biswajit kolay

Advance salary paid Rs.3000

Advance Salary A/c (Satish) Dr. 3000
to Cash/Bank A/c Cr. 3000

At time of payment salary
Salary A/c (Satish) Dr. 1500
to Advance Salary A/c (Satish)Cr. 1500

and the balance of advance salary Rs.1500/- will be adjusted in next salary payment

what type account are below Debentures Bank overdraft

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What is the difference between cost accounting management accounting and financial accounting?

1094

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How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.

12466

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How is the accounting for hire purchase transactions done?

1086

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Scheme is given by a company to his distributors on sale of goods, what is the treatment of this scheme distributors hand Direct income or indirect income

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what is wct ? who take its benefit? e.g. we are works contractor, we are liable to take its benefit or not..

4794

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Do you know what is icai?

1151

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can we change date in tally.erp s/w in educational mode ?

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purchase plant and machinery

1558

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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.

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What is accounting ethics?

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how to reduce the interesting giving to debts ?

2160

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can any body tell me the procedure to learn accountancy with easy tips.i.e., layman accounting policy and rules of debit and credit.

2103

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

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how we can calculate sundry debtors and crditors a/c?show some examples

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