How to enter every month employees salaries in P&L a/c and
why we use JOURNAL VOUCHER for salaries?
- 1 Answers
- 3964 Views
- Thomson, I also Faced
- E-Mail Answers
Answer / syed iliyas
Not only the salaries but all the transaction entries are
need to enter in journal first for proper accounting. And
salaries are entered by debiting employees account and
crediting the bank or cash (by which mode it has paid). And
regarding the p/l account when ever will be p/l account is
prepared it was automatically has to take as indirect
expences in the profit and loss account.
| Is This Answer Correct ? | 6 Yes | 3 No |
If someone knows about the test pattern of Junior executive accounts than please share.
0 Answers Pakistan Atomic Energy Commission PAEC,
Why you want to chage the current job in 8 months time?
difference between reasons for BRS?
what is WIP?
4 Answers Genpact, Shore Infotech,
.,can someone tell me how to compute the subscribed capital share?
where does preliminary expenses put in the balance sheet?
what is the difference between Tally ERP and SAP FI ECC?
We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?
treatment of P&L A/c 's balance in trial balance and balancesheet
EXPAND___________MIS
What entries will be passed thru Journal Proper
What is the proces of transfer of goods from one branc at Mumbai to the other jBranch at Ajhmedabad? Clearly state the provisions of the relevant Act?
Audit 
