Interested to Buy Any Domain ? << Click Here >> for more details...
where is transfer company director salary ? is in current
liabilites , expenses or other?
- 5 Answers
- 8841 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answer Posted / sunil
salary is inderect expenese therefore its show the two
effect one of income and expenditure a/c expeniture side
and 2nd liabilites side in the balance side
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
How can you made payment when bill come from vendor, what is the bills have you check.
Define partitioning in accounting?
what is use of cost center category in tally ? why & when use this ? what is benfit ?
WHAT IS THE LAST DATE OF HOUSE TAX SUBMITED , AND WHAT IS THE RATE OF HOUSE TAX ?WE PAID HOUSE TAX MCD OR ANY OTHER. PLEASE TELL ME.
What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.
I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?
Tell me what is “deposit in transit”?
Where should tds received should show in balance sheet?
What Is Responsibility Accounting?
Please explain the difference between provision and reserve?
Who is the sundry creditors
A firm had the following Balances on 1 January 1994: (i) Provision for bad and doubtful debts Rs 2,500 (ii) Provision for discounts on debtors Rs 1,200 (iii) Provision for discounts on creditors Rs 1,000 During the year, bad debts amounted to Rs 2,000, discounts allowed were Rs 100 and discounts received were Rs 200. During 1995 bad debts amounting to Rs l,000 were written off while discounts allowed and received were Rs 2,000 and Rs 5,000 respectively. Total debtors on 31 December, 1995 were Rs 48,000 before writing off bad debts, but after allowing discounts. On 31 December, 1995, this amount was Rs 19,000 after writing off the bad debts, but before allowing discounts. Total creditors on these two dates were Rs 20,000 and Rs 25,000 respectively. It is the firm’s policy to maintain a provision of 5% against bad and doubtful debts and 2% for discount on debtors and a provisions of 3% for discount on creditors. Show the accounts relating to provisions on debtors and provisions on creditors for the year 1994 and 1995.
what TYPE OF INVOICE SHOULD RAISE TO C&F agent ?
Apportionment of expenses
How to treat company managers personal expenses met by company if he is not taking salary from company and in future salary will be payable after deducting all personal expenses (salary amt will be decided only at paying year). pass journal entries
