what is the journal entry of outstanding wages ?
Answer Posted / pulkit goyal
wages A/C Dr.
To outstanding wages A/c
(for wages due but not paid this year)
wages is expenses so it is debit
o/s wages is our liability so it is credit
| Is This Answer Correct ? | 7 Yes | 1 No |
Post New Answer View All Answers
I paid service tax double time due to web site problem for the year 2009-10, is there any chance to claim that amount if yes please tell me the process. thanking you.
What is the different between Excise Invoice and Invoice
certificate of export is for which items?
in case of vehicle hired for staff pick up & drop for 1 month or 1 year, TDS is applicable ? if yes then which code is mention in challan & which rate is applicable ? in case of vehicle orner is personal or company which rate applicatble ?
Is there any change in the section 80E for the financial year 2009-10
In advance c form dvat why not showing the amount in form verification
If we are placing the order in amazon on behalf of the customer who is ordered from other e-commerce sites and the goods is directly billed to the customer address from the amazon sellers and for the same we are receiving some profit at that in our books of account what entries need to be passed...?? do i eligible to get the ITC on the GST amount paid..??
The value of the tax invoice is lesser than the value on the state permit. Is this acceptable.
I wanted to know about the taxes in haryana on Software Licenses ( Paper licenses). what is the % of service tax and VAT. and the both the taxes is charged on Base Amount or service tax is charged first and then VAT is calulated on the amount with Service TAX?
DEFINATION OF LABOUR ACT?
what is the prime cost? and factory cost how to calculate it?
do we have tds in nigeria
We don't have PT, s.tax registration. Our firm is 7 years old. If we want to register, what should we do? Any body can help.
I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat) I have a HMS software, where we have interface to tally erp. When we import the transactions to Tally from HMS (Hospital Management System) All the purchases what we do for a period, the tax paid on these purchase are showing as out going vat. Similarly when we do the sales of those purchased items through HMS, tax collected from customer is showing as incoming vat. Is these are correct terms what they had mentioned in HMS? Please help me out.
WHAT IS DEFERRED TAX LIABILITIES.AND WITH EXMPLE DEFERRED TAX ACCOUNTING?