what is entry in the book in march and april for salary
which is paid in april for march month?
Answer Posted / omesh manhas
on 31 march entry will be:
salary a/c dr
To salary payable(employee)a/c.
Being salary due for m/o march.
In m/o april entry will be:
salary(employee)a/c dr
To cash/bank a/c
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
What information is included in a bill for services?
When we paid TDS on commission how will journal entry come
Please give me as example of service tax & Vat Posting through Tally.
I m entering much more than 500-700 sales vouchers per month. But I m getting a problem while entering sale voucher is that If I have entered a sale voucher in the middle of a date then the voucher no is being changed. So how can enter a sale voucher in the middle of a date so that i can adjust the voucher nos from changing.
How can pass reverse entry to close the account. If the Asset sides is greater then liabilities side and vice versa, then what can I do.
whether allowances will be included in calculating esi from gross salary
sir what is the depreciation and how to calculate depreciation as per company books, i need as per IT ACT, AND Companies Act give me clarification with example
My company was granted a bank facility of 750,000 for guarantee, performance bond, advance payment, retention guarantee and 100,000 bank overdraft. These facility amount was never added to the company account. a. What is the entry? b. Lien over fixed deposit for 50,000 to be brought upfront c. Lien over gradual buildup for fixed deposit 50,000 by transferring 10,000 monthly from customer's account to separate call account. d. After a month, we had an overdraft of 22,000. What will be my entry? e. After 3 months, we have a construction project and was asked for advance payment of 24,000 with a 25% margin? f. Another company asked for performance bond of 44,200 with 25% margin.
what is use of cost category ? which type is useful in accounting work ? give answer with solid example because iam slow learner in accounting line.
What is the TDS rate in Maharastra, Tamil Nadu, Karnakata,Odisha & West Bengal. What is about Profession Tax.
What is the Technology used to carry out trades? Pls Tell me as early as possible.
Tell me do you possess any knowledge about accounting standards?
Tell me do you have any idea about service tax or excise?
What are the accounting entries for branch accounts?
In accounting, how do you define the premises?