Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / sridhar.s
Posting of wages twice can be rectify as follows.
Actual
Wages A/c. Dr. XXX
To Cash A/c. Cr. XX
(payment of wages through cash)
For Rectification
Cash A/c. Dr. XXX
To Wages Cr. XXX
(wrongly posted wages entry is rectified)
| Is This Answer Correct ? | 21 Yes | 4 No |
Post New Answer View All Answers
If balancing account is not assigned to company & is assigned to department wat will be the effects
how to do asset appreciation in sap?
on what rate depreciation will be calculated?
as muthoot finance is a finance co,so what would be pattern of asking in relation to finance and a/c question?will it be basic or general or it would be market related situation?plz if help me anybody...
At the time of depreciation run we selected actual dep key is 5% but we taken 7% so the depreciation was posted wrongly how to rectify it?
Tell me how many types of business transactions are there in accounting?
What is band and why the company needs this?
My Brother is running a small business of Window glasses & Mirror etc. He needs Bank Loan (CC/OD Limit)against current account. So, I need a project report to apply CC Limit. Please Help me. My EMAIL ID is :- savichawla_1703@yahoo.co.in Kindly send the report to above ID ASAP. Thanks & Warm Regards Sarvpreet +919888669523
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.
Follow up ageing balances of Debtors & Creditors and also Inventory
What are the three factors that can affect your cash flow and business profitability?
What are the criteria for accounting job?
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.?
What are the differences between contrast bookkeeping and accounting
As you know executive accounting?
