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
Please explain a Representative Personal Account.
what are the suggestions to control NPA in rural areas?
how can i make transaction related to inflation account in sap ?
How Frequently shall a company file the service tax returns and how frequently shall a company pay the service tax to the Government ?
What is fixed liabilities
PO Amount is 100000 Jv is Purpose A/c To Party A/c First payment is 10000 TDs is 1000 What is the Payment enter in tally
Feature of Master letter of credit of Garments manufacturing company?
fridge was capital or revenue?
What are events occuring after the balancesheet date?
what is difference between account and accounting
What is the quality of the accountant & rights ? hansika.kk@gmail.com
what is similarites between tata motors and airtel
What do you think you do well?
Expand RMP
Can anyone give comparative data of NPA(non performing assets) of nationalised banks or BANKS IN INDIA for the last 5-10 years if possible with bifurcation substandard doubtful loss asset