Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


"X" company paid the salaries to staff. Then what are the
entry? Is debiting the employee A/c, or Salary A/c? If
salary A/c debited, how we can find if "a" employee salary
paid or not? If we debiting the employee A/c, how to find
how much amount we paid for salaries?

Answers were Sorted based on User's Feedback



"X" company paid the salaries to staff. Then what are the entry? Is debiting the employe..

Answer / venkatesh

Dear sir,

salarys a/c Dr
To bank a/c
(being salary paid to mr.kandan towards salary for the month
of may 09 vide chq.no.xxxxx)

you have to give like this naration then easily we will
findout )

take ledger total salary paid details will come
or
if your debiting to the employee a/c
you have pass the journal entry monthly once
employees a/c Dr
TO BANK A/C
(BEING SALARY PAID)
PASS JOURNAL ENTRY
SALARY A/C Dr
To employee a/c
(being transfered)
better follow salary debit

venaktesh

Is This Answer Correct ?    22 Yes 2 No

"X" company paid the salaries to staff. Then what are the entry? Is debiting the employe..

Answer / venkatesh

dear sir,
once you can do your tally
crate group salary
then go to ledger creation
1. mr.ravi salary a/c
under salary
2. mr.raju same as follow above

no` of person emloyee create then easily find out ok

venkatesh

Is This Answer Correct ?    5 Yes 6 No

Post New Answer

More CompanyAffairs CS Interview Questions

stock transfer his company to company what is infact?

3 Answers  


who are the potential share holders?

1 Answers  


what is form No.32 in MCA?

5 Answers   AV Bistro Private Limited, Harit Path, Hero Mindmine Institute,


WHAT DO U MEAN BY DIVIDENDS. WHAT IS THE TYPE OF DIVIDEND AND IS THIS PROFIT OR INTREST?

10 Answers   Bank Of America,


what was the need of Merger in 1991?

1 Answers  


where will be effect the amount of depreciation in company final account? If it will effect in P&L A/c & Balance Sheet also than will amount be same in both sheet?

11 Answers   Global Automation, IBM,


Occasionally it is said that issuing convertible bonds is better than issuing stock when the firms shares are undervalued. Suppose that the financial manager of Decent Furniture Company does in fact have inside information indicating that the decent stock price is too low. Decent furniture earnings will in fact be higher than investor’s expectations. Suppose further that the inside information cannot be released without giving away a valuable competitive secret. Clearly, selling shares at the present low price would harm Decent’s existing shareholders. Will they also lose if convertible bonds are issued? If they do lose in this case, is the loss more or less than it would be if common stock is issued? Now suppose that investors forecast earnings accurately, but still under value the stock because they overestimate Decent’s actual business risk. Does this change your answer to the questions posed in the preceding paragraph? Explain.

0 Answers   OGDCL,


what mean by derivatives?

5 Answers  


How to analyse the day to day sensex Points or Forex Values?

0 Answers   Cognizant,


Recently while appraising a loan proposal I noticed that the company was a newly formed company. While allotting the capital among the share holders the shares were allotted at a huge premium. What is the reason for showing a huge premium?

3 Answers  


i have cleared c.s inter. for the purpose of training i want to know the companies who are providing training of c.s in punjab state.please help me in this.

0 Answers  


What do u meant by Nifty? and how it is calculated?

4 Answers  


Categories