please explain me, if I pay salary advance 3000 to satish
then how to record entry, for payment, journal, adjustment
if salary is 1500/month
please send me correct entry shortly
- 2 Answers
- 7201 Views
- AAI Airports Authority Of India, I also Faced
- E-Mail Answers
Answer Posted / biswajit kolay
Advance salary paid Rs.3000
Advance Salary A/c (Satish) Dr. 3000
to Cash/Bank A/c Cr. 3000
At time of payment salary
Salary A/c (Satish) Dr. 1500
to Advance Salary A/c (Satish)Cr. 1500
and the balance of advance salary Rs.1500/- will be adjusted in next salary payment
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
rate of vat on gold purchase local & o.m.s. & rate of % in sale local & o.m.s.
VAT PER SURCHARG KAB SE KIS DATE SE LAG RAHA HAI
Which accounting applications are your familiar with?
IS METHODEX IS GOOD INSTITUTE FOR SAP FICO MODULE TRAINING. IS IT IN BANGALORE OY HYDERABAD.
Have you ever made mis reports and what are they?
Tell me which accounting application you prefer most and why?
what's the mean by Imprest system? Please give me Replay on this no. 9885789716
what accounts payable applications are your familiar with?
please send me banking question on my email ID as I have been selected for state bank of india .my email ID is sawant.supriya51@gmail.com
The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).
Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.
Explain a time when you have not met your goal?
can any one send me tally professional version link
There is no item category assigned to account
Why did you choose the a-levels you did?
