Answer Posted / dheer singh rathore

There will be two entries for this in the books of employer:
1. entry at the time of paying salary advance (half month
salary)
Dr. Salary Advance A/c
Cr. Cash/Bank A/c

2. entry at the time of paying half month salary in the end
of the month.
Dr. Salary A/c (full monthly Salary)
Cr. Salary Advance A/c ( half salary)
Cr. Salary Payable A/c

Tell me under the accrual basis of accounting, when revenues are reported in the accounting period?

4027

---

What is corporate assesses?

2464

---

on 02/05/2013 issued a cheque to third eye ltd of Rs.14000/- in full and final settlement against the due on amount

1827

---

If a transaction was missed completly how do you find it?

2092

---

I have 4 four category of emplies say Admn/Markting/Procurment/Production and the employees of thee category have there bank accounts in 5 or six different banks. How can i generate Payroll advice for the employees having account in A Or B OR C Or D falling under above category

1971

---

we had company we provide work others they deducted tds how to pass entries in my company please tell me

3410

---

Mention in simple terms what is the difference between asset, equity, and liabilities?

1004

---

What information is included in a bill for services?

1024

---

What are the disadvantages of double entry system?

1083

---

what is basic general accounting.

1979

---

we have registered to MCCIA(Maratta Chember of Commerce Ind & Agri.).They given a Tax Invoice against this registration with charging service tax@10.3%.can we take credit of this service charge ?

2099

---

What is the entry for closing stock value reduction?

2551

---

Recall a time when you faced a dissatisfied and aggressive customer. How did you handle it?

1065

---

how in the big companies the budget are prepared and controlled?

2165

---

What steps would you take before approving an invoice for payment?

1053

---