Journalise the following Entries?
Outstanding salary of rs. 20000/-
Prepaid insurance of rs. 5000/-
Answer Posted / nidheesh
1, SALARY A/C DR 20000
TO SALARY OUTSTANDNG 20000 , HERE SALARYIS
OUTSTANDING SO THIS IS CURRENT LIABILITY , SALARY WILL GO
TO P&L A/C EXPENSE
2, PREPAID INSURANCE A/C DR
TO BANK / CASH , PREPAID INS. IS CURRENT ASSET
| Is This Answer Correct ? | 19 Yes | 3 No |
Post New Answer View All Answers
How to adjustment of CST ? and also tell me about C-Form affairs ?
is a pvt ltd. comp. can give advance against salary to his director.
How many types of vat categoryplease tell me all type of vat categories..............
OUR CO. ACCEPT SODEXO COUPONS FORM CUSTOMERS; WHEN WE SUBMIT COUPONS FOR REIMBURSEMENT TO SODEXO THEY DEDUCT SERVICE CHGS AND S. TAX AND PAY BALANCE AMOUNT, DOSE IT ATTRACT TDS?
as we are having are unit in a area where excise duty is not applicable and on my purchase i am paying excise duty can i take refund of the duty paid by me and what was is procedure? plz. replay to my on my id ngaggarwal@yahoo.com
What is Cenvat
Pls give a details knowledge of Income Tax (including TDS, TCS)duty paid online form no., due date, return form no. and due date, limit of turnover for auditing, procedure of auditing and income tax depreciation, etc.
how to calculate deffered tax, relating to company.. pls explain with examples.. also about timing differences..
What is the value of the Budget for 2009-10
Define FBT with example & how it can be calculate ?
which date Entry Tax has been started by Himachal Govt. and Please let us know the which act under Entry tax comes
we have received TDS Certificate (Form No 16A) from one company, we have checked online credited but they not credited to us (online credit)..how can i refund that amount. pls send us letter format
Cenvat credit transaction journal entries. And what does the term reversal of credit means
taxes leivied on carpentar & plumbing services
What are the Treatment & Implications in interstate sales transactions if party is unregistered dealer & having Exemption Certificate or exempted.