Interested to Buy Any Domain ? << Click Here >> for more details...
reverse entry for provision for salary where it is made and
how it is
- 3 Answers
- 6909 Views
- I also Faced
- E-Mail Answers
Answer Posted / smita
when provision is made:-
salaries Dr.
To prov. for salaries A/c
To Bank A/c.
P&L A/c Dr.
To Salaries A/c
When provision is reversed :-
Prov. for salaries A/c Dr.
To Bank A/c.
| Is This Answer Correct ? | 5 Yes | 2 No |
Post New Answer View All Answers
Where should tds received should show in balance sheet?
List of Indian accounting standards and international financial reporting standards
what is turn over? what is vat? what should ido to become a expert in acount? plese ans me
what are the main important accounting entries for AP and AR ...
What is the diffrent job&project accounting?
What are the most important goals of accounts receivable?
Anti Takeover policies
Who created snapit accounting?
What are the nine accounting cycles?
Explain what is involved in the process of double-entry accounting?
what made you take up present subject/area of specialization and what would you define as your career objectives
If the company acquires equipment prior to incorporation what are the accounting entries?
hi, this is shanthi kumar(M.Com). i would like to attend interview in genpact company.please send finance interview questions and interview details. thank u very much
Which accounting application you prefer most and why?
we can transfer stock between two firms with same name but prop. is different.
