adspace


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


Please Help Members By Posting Answers For Below Questions

Tell me do you have any professional experience of this field?

1216


Tell me what is your track record for consistently achieving your targets?

1443


What is account payee cheque? Expand ctc cheque?

1276


How many invoices on average do you handle on a weekly/monthly basis?

1338


Explain a time when you have not met your goal?

1188


a.what products does your firm produce? b.what costs are asssigned to the product produced? c.for particular product,what direct materials are used? d.what percentage of total manufactoring costs is direct labor? direct materials?overhead? e.how is overhead assigned to the products? f.do you now use or plane to use an activity_based management system?why or why not?

2428


rate of vat on gold purchase local & o.m.s. & rate of % in sale local & o.m.s.

1774


WHICH QUESTIONS ASKED IN EPFO IN 2009.

1990


Dear sir , 1-what is diffrence local tax & vat 2 -what is sales tax. tds. service tax challan & return due date(monthly & quartly, annually) 3- what is deprecation rate in company act 4-what is income tax latest limit-

1968


Tell us what kind of work environment do you prefer?

1183


what is the new rate of c.s.t in uttraklhand

2463


can any one send me tally professional version link

1724


The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).

2205


IS METHODEX IS GOOD INSTITUTE FOR SAP FICO MODULE TRAINING. IS IT IN BANGALORE OY HYDERABAD.

2700


What qualities have you got that would make you a good accountant?

1120