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/-) ?
- 4 Answers
- 6473 Views
- I also Faced
- E-Mail Answers
Answer Posted / praveen singh
1) Jan Month Journal Entry:
Salary A/C Dr 4000
To Salary Payable A/c 4000
2) Feb Month Journal:
Salary Payable a/c Dr 4000
Salary a/c Dr 8000
Salary paid in advance Dr 8000
TO Bank A/C 200000
3) in March month:
Salary Account Dr 8000
To Salary paid in advance 8000
| Is This Answer Correct ? | 6 Yes | 2 No |
Post New Answer View All Answers
Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
Can anybody tell me how much salary m show in my resume for expection for the next job m graduate 2year accounts experience?
Short Answer on __________Event
hi.this krishan .i m slect in axis bank for executive. when i sposse to join
Hi Im Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Clerical post. Please help me I f u can. thanx in advance
When is a dedit note raised When is an expense booked
Expand-------ATBN
How does the ration analysis help in depicting profit and loss
Clasify Loss
What elements of your job do you find most difficult
what is mean by provision ? give me examples ..
CAN ANY OF U TELL ME WHAT QUESTION ACTUALLY ASK IN OPERATION ROUND IN BA CONUTNNIUM SOLUTION
What is outsider equity and time interest period ratio?
Who is called consignor
AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??
