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 / s.k.barat
Since the question itself is a little ambiguous any
presumption of either Incentive or Advance Salary / Prepaid
Salary have to be considered as appropriate, however no one
has explained the 'presumptive aspect'
The students would do better by indicating their such
presumptions.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
a) What are the Golden Rules of Accounting? What are the 14 Principles of Accounting
what are the types of provisions that you would make for the end of a financial year?explain
You placed an Order for some books but it was not delivered on time or the books were damaged, so are write Complaint Letter to the Shopkeeper about it.
what happens to each of the three primary financial statements when capital expenditures decrease?
Dear all, Could you suggest me that if got a job in a/cs in Big org but on payroll of Outsourcing company,What should to prefer the company payroll or job the ?
Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?
how u can control stock movments....like issuing raw materials receiving...in practical way..basically in ,y org we r using bin cards,barcodes etc but somehow need more concentration... help me frds..
WHAT IS CORPORATE ACTION?
what is participation right is it a debt? or not?
Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry
please provide wct retun guide line how can prepaire that
what happens to each of the three primary financial statements when gross margin decreases?
What is the procedure to take loan
why cost center is assign to gl account in sap