Answer Posted / biswajit kolay
Posting of wages twice can be rectify as follows.
Actual
Wages A/c. Dr. XXXX
To Cash A/c. Cr. XXXX
(payment of wages through cash)
For Rectification
Wages Posted Twice A/c Dr XX
to Wages A/c Cr.XX
Cash A/c. Dr. XX
To Wages Posted Twice A/c Cr. XX
| Is This Answer Correct ? | 4 Yes | 9 No |
Post New Answer View All Answers
Is it mendatory to provide deferred tax asset, where the management not expecting taxable profit in the subsequent financial years.
List out some of the examples for liability accounts?
What is the difference between costing and cost accounting?
non cash or bank income or expense
what is the accounting treatment in tally of free goods received with goods purchased.
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).
how to upload ledgers in excel or word document
hi...this is chaitanya fresh bcom computer graduate i need job in finance feild will i get in genpact, deloitte, bank of america, or any other mnc...?
Explain me the difference between accounting and auditing?
In tally when accounts with inventory ,when working in units of measurement under this after creating unit ,if we want to change the unit due to some mistake why does the cursor does not stop in the decimal field? And why the used units do not get deleted in the alter section?
What are the effects when intangibles and tangible assests decrease
Mobile on Rupees 2000 purchase for office use not for staff....What entry in accounts..?????
A COMPANY IS SERVICE PROVIDE TO B CO. 100,000 AND CHARGED STAX 10000 TOTAL BILL RAISED 110000 AND RECIEVED 30% FROM B IN DECEMBER AND 40% RECIEVED IN 10JAN2011, BALANCE 40% RECD IN 10 FEB2011 WHAT WILL BE GENERATED ACCORDING ACCOUNTING PRENCIPLE OF BOTH SIDE (MEAN A &B) WITH REVANUE& PROVISION PLEASE TELL ME
What is the difference between inactive accounts and dormant account?
What is vendor?
