Interested to Buy Any Domain ? << Click Here >> for more details...
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/-)
- 23 Answers
- 26617 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / santosh kulkarni
28 th feb :- By Outstanding Salaries A/c Dr - 4000.00
By Salary A/c Dr - 8000.00
By Salary Advance A/c Dr - 8000.00
To Bank / Cash A/c Cr - 20,000.00
( Being outstanding 15 days Salary paid for the
month of Jan,salary for the month of Feb, and paid advance
against March month salary.)
31 March :- By Salaries A/c Dr - 8000.00
To Salary Advance A/c Cr - 8000.00
( Being Salary Advance received which is paid
in the month of Feb.)
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Please share different type of Z report
When is proposed divided a current Liability and when is it non-current liability? Why is it in the list of Current Capital Accounts?
Why you want to leave your present job while they offer you with good offer?
outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited
why are you selecting for the profitbulity analysis costing based& active based
why cost center is assign to gl account in sap
EXPAND_________SCM
what's accounts payable
what are the questions commomly asked in reuter's interview.?
Hi, If I am placing the order in amazon on behalf of the customer who place the order in other e-commerce application in which If I mention the billing address of the customer and goods will be delivered to the customer from amazon ,and other E-commerce site will deduct their commission on the certain % and make the payment to me on some what profit at that time how should maintain my books of account..??
Paid vehicle insurance of Rs 12000 on 1-1-2009. Pass entry at the of payment and also create prepaid insurance account
All Accounting Question Related Send Me ..
Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance
You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead. Which objects would be different? ( any 3 answer) Chart of accounts Financial statement version Depreciation areas Asset classes Leading ledger
What type of Questions are asked for Interview in Infosys - Financial Process. Any one who is into Research Analyst or Process Executive role, kindly contribute the Questions faced by you?
