wages and labour entry



wages and labour entry..

Answer / raghuvstar@gmail.com

Its Direct Expenses will shown at trading a/c.

Wages a/c Dr 1250
To Wages Payable a/c 1250
(Being wages accounted/Incurred)

Wages Payable a/c 1250
to Cash/Bank a/c 1250
(Being Wages paid)

Is This Answer Correct ?    8 Yes 0 No

Post New Answer

More Accounting General Interview Questions

what is the meaning of ratio? Types of ratios?

1 Answers   BoA,


Difference between reserves for bad debts & provision for bad debts.

6 Answers   HSBC, NRN Business solution, Siemens,


Distinguish between capital expenditure & revenue expenditure

2 Answers  


on 01/04/2009 Goods sold to Mr."A' on Credit at $ 1000. Exchange Rate :- 01/04/2009..........$50.00 at payment Date Exchange Rate :- 01/05/2009..........$48.00 What is Journal Entry..?

2 Answers   GTS,


Difference between Provisions and reserves

4 Answers   Accenture,






Can you name different branches of accounting?

0 Answers  


what is loan operations and what are the complete process form from making customer to closure of loan

0 Answers   HSBC,


Following information is given to you: Year - Sales - Cost 2009 - 200000 - 205000 2010 - 300000 - 310000 Calculate: 1. P/V Ratio 2. BEP 3. The amount of profit or loss were sales are Rs. 325000 4. The amount of sales required to earn a profit of Rs. 5000 5. Margin of Safety for the year 2010

1 Answers  


what is depreciation?

5 Answers  


Credit purchase entry

10 Answers   Ernst Young, FIC,


WHY U HAVE CHOOSE ICWA WHY NOT CA

0 Answers   RRB,


Define depreciation and its types?

0 Answers  


Categories