Interested to Buy Any Domain ? << Click Here >> for more details...
My Question regarding owners drawings.
case1; If owner paid some expenses from his own pocket and
later that amount added to his salary then what adjustment
entries will needed.
- 5 Answers
- 6896 Views
- I also Faced
- E-Mail Answers
Answer Posted / neha
For EX expense made $1500 from Boss pocket and his salary
is $ 10000.Expense has to be adjust with salary
1) Expenses a/c Dr 1500
Boss a/c Cr 1500
2)Boss a/c Dr 1500
Director salary Dr 10000
Cash/Bank Cr 11500
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
what are the seven accounting rules
what do u mean by arrear basic or arrear hra?
What is Analysing
where is suspense entry is entered in tally erp9
Can someone tell me about SAP FI/CO test questions?WHat are the main things we must know?
What do you think you do well?
Who to create a budget on software company
---------is the main or principle book of accounts
What is difference between cash flow and funds flow?
ER-1, ER-2,ER-3,ER-4,ER-5,ER-6,ER-7 plz tell me use of these excise form
Expand---------BPCD
difference between office expense and miscelleanous expense with some examples
Ledger Is The Principle Book Of Accounts In Business. Do You Agree For It. Comment On Your Confirmation?
please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam
1. Cold Ice, Inc. sells ice cream sells for $2 each. The variable costs per ice cream are $1 and the fixed overheard costs are $ 0.35. A summer camp wants to place a one-time order for 100 cone of ice cream at a price of $ 1.25 each. What is the minimum price hot dogs should be charge for this special order?
