salary is paid to a person A wrongly twice a month and
after detecting the mistake the salary is paid to the right
person B.write the journal entry for the two sequences.

Answer Posted / joy.p

Detecting entry :- Cash/Bank Account Dr.
to A's Salary Account


When salary paying to the right person B:- B's salary 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

What is vendor?

668


What are the 4 types of ppe?

704


audit under section and penalty under saction scurtiny under saction

1651


Explain me do you think accounting standards are mandatory and why?

617


pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.

1545






if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?

3394


What is meant by partitioning?

618


Describe the proof of cash type of bank reconciliation?

1455


X, PURCHASE HOUSE PROPERTY IN 2005, RS 400000,AND SALE IT IN2010, RS 1800000,IF X HANDICAP, AND IN 2008 MADE SENIOR CITIZON, HOW CALCULATE IT?

1616


Any body would tell me how to takeover withholding tax at the time of go live in sap fico

983


How to make deductions of the employees from salary against the loan in AP module oracle R12

1681


Hi sir, Our appointed one agent for sales promotion activities. This agent doing the job "canvas of our product". My quires 1)it is eligible for service tax and how to accounted. 2) this transaction is direct expenses or direct expenses? Pl suggest me

1304


HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.

1519


Capital reserve is - a) real account b) nominal account c) personal account d) none of them

472


how will you handle fairs in askening with the a high posistion person in a company? how will i develop my attitude when interviewed? am always scared.

1608