What is the entry pass if we are given to advance for
employee?
Answer Posted / mallika
prepaid salary A/c
To cash A/c
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What is the purpose of accounts like e.g. expense accounts assigned a account number 0040, principal account assigned anumber 0060.In our general ledger software such numbers are assigned.I want to know how these numbers (accounts) help in maintaing accounts of a company (like bank reconciliation).
What is the entry for provision?
What is corporate assesses?
List out some of the examples for liability accounts?
What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?
By saying, perpetual or periodic inventory system; what do we mean?
HOW WE MADE ENTRY OF SURCHARGE ON VAT PURCHASE IN PUNJAB
If company invest Rs. 3,00,000 in Chit & Fund and later received with Profit Rs. 3,50,0000 = (Rs. 3,00,000 + 50,000 profit amount). Pls advise how to pass the profit amount...and in which head the profit amount goes
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
What is journalizing? What are the columns of a journal?
sale cycle
What is an ea in accounting?
Explain me the basic accounting equation?
Mr. A purchased a machinery costing Rs. 1,00,000 on 1st October, 2005. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000 respectively. Dismantling charges of the old machine in place of which new machine was purchased amounted Rs. 10,000. Market value of the machine was estimated at Rs. 1,20,000 on 31st March 2006. While finalising the annual accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A? (a) Cost concept (b) Matching concept (c) Realisation concept (d) Periodicity concept.
i need clarification about tds will be calculate before deductions or after deductions on gross salary+incentive