ledger entry for outstanding salaries
- 10 Answers
- 30284 Views
- D Link, ITC Infotech, Northern Trust, I also Faced
- E-Mail Answers
Answer Posted / raksha
Outstanding salary A/c
To cash A/c
because outstanding salary is an expense for a company so it is an expense and as per nominal account expense has to be debited.
and cash is going out, so as per real account, credited the cash.
| Is This Answer Correct ? | 5 Yes | 3 No |
Post New Answer View All Answers
Why you want to change???
hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..
How much mathematics knowledge is necessary or required in accounting?
What is partnership accounting?
Explain what are the accounting events that are frequently involved in compound entries?
Sir, I want to know about Entry Tax. I purchased the Packing Box from other state.the entry tax on the packing items is 5 %.but now sale tax deptt. close the entry tax on barrier. the tax will be deposited with return. sir we want to know can i deposit this entry taxon on CST challan or not. if not then how can i deposit, or which cloumn in return shown this amount. please send the return format my mail ID is happynlg@gmail.com
Can you send me advertisement format for lost of E-1 form. kindly do the needful urgently. Thanks AP
Who uses accounting?
Productive Investment is Working Capital. Is it correct?
how to solve cashbook question
what is ment by suspence account and dummy account
Explain the Invoice verification process
Explain me your track record in previous jobs, specifically speaking to any mistakes you may have made. There is little room for error in accounting?
Tell me what is reversing journal entries?
Tell me what do you think is bank reconciliation statement?
