salaries due for the month of march will be recorded in
Answers were Sorted based on User's Feedback
Answer / simar
Entry will be record in march month like :
Salary a/c.....Dr 5000
To salary payable. 5000
| Is This Answer Correct ? | 13 Yes | 2 No |
Answer / vijaya
yes,financial year ending time that's reason company will
pay the amount,entry is
Salary A/c Dr ****
To salary payable A/c ***
Its current Liability
| Is This Answer Correct ? | 10 Yes | 0 No |
Answer / ashish kumar
ENTRY WILL RECORD IN MONTH OF MARCH i.e.
SALARY A/C DR.
TO SALARY PAYABLE A/C
&
MONTH OF APRIL - AT THE TIME OF SALARY PAID OF MARCH MONTH:-
SALARY PAYABLE A/C DR.
TO CASH/BANK A/C
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / anil gatkar
salary a/c dr5000 %salary paybale a/c cr5000
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / nagarjuna
SALARIES A/C DR XXXXXXXX
TO PROVISION FOR EXP A/C CR.XXXXXXX
(BEING SALARIES PAYABLE FOR THE MARCH MONTH)
| Is This Answer Correct ? | 0 Yes | 0 No |
Contra asset accounts have credit balance and are an offset to a related asset account ? true or false .
How to calculate TDS on Directors Remuneration if director's age is around 35 years and salary is 59000/- per month. please suggest me with complete detail.
3 Answers ACPL, Ratna Natural Stones, Rupahali,
accounting concepts
What are the 5 basic accounting principles?
what is the accouniting
What Is Responsibility Accounting?
What should an organization expect from me?
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.
if no production is take place at the start of a process in royalty accounting what will be the accounting procedure for that.
How to do accounting entries in Accounts Payable
Cash bill of sale so the company can deduct the amount.
What Does Random Walk Theory Mean?