New emlpoyee was joined on 15th Jan and salary paid on 28th
Feb amt of Rs.20000/- and asked to give the Journal entry
for the Month of Jan, Fed and March (His Monthly Salary is
Rs.8000/-)
Answer Posted / raja
15th Jan
Salary A/c Dr Rs.4000
cash A/c Rs.4000
28th feb
Salary A/C Dr Rs. 8000
Incentive A/c Dr Rs.12000
Cash A/c Rs.20000
31th mar
Salary A/c Dr Rs.8000
Cash A/c Rs.8000
| Is This Answer Correct ? | 20 Yes | 20 No |
Post New Answer View All Answers
A specially designed interview book on interviews for accounting Jobs . Pl send your mail addresses for despatch
What do you think you do well?
what is capital market and money market? what is primary market and secondary market?
in which group under we will open donation and hamali weekly payment account or ledger
Distinguish value andPrice
Expand RMP
Expand---------PSRT
where we use the convetion of conservatisam in real life??
i have need full detail of tds rules and forms submitted dovetails
In order to comply with the matching principle, adjustment entries are made at the preparation of ----------
Expand-------MUR
while i creating a main asset master there is a error called process being terminated? pls send the solution
HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI
what are the financial ratios that a manager see in accounting?
what is the cost and financial accounting? what is double entry system ?