where is transfer company director salary ? is in current
liabilites , expenses or other?
Answer Posted / kanak lata
director`s salary is an indirect expense and is posted to
profit and loss account.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
Explain how you can adjust entries into account?
What is rate & taxes in Accounting. when we make a journal entry like rate & taxes debit & party credit. So i want to guide me consider for rate & Taxes.
What is mis report , how to prepare mis report for general ledger?
ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10
calculations of pf
what is inter-company transaction? what is Inter-Branch transaction?
what is casual receipt? is it exmpted in income tax?
What is the provision?
what is subscription order
What are the 4 principles of gaap?
Sir i want to ask that if the salary above 6500/- than also pf deduct.
What is control in accounting?
Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.
What is ERP? Diff b/w Income & Expenditure a/c & P/L a/c? What is the fullform & the application of SAP? What is the reasons where Balance sheet will not tally?
over draft balance as per cash book (journal entries needed) a,cheques deposited in bank but no entry was passed in cashbook b, credit side of the bank, column cash short c, chques received but not sent to bank d, insurance premium paid by bank as per standing instructions e, credit side of bank, coloumn cash short f, bank charges entered in cash book twice g, cheques received returned by bank but no entry passed h, cheques issued returned on technical grounds i, bills directly collected by bank j, bank charges debited by bank k, cheques received entered twice l, bills discounted dishonoured