Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is the Journal entry for Salaries outstanding? Giv an
example.

Answer Posted / naresh

Keep in mind every time when you're preparing a journal entry

Assets always shows debit balance
Liabilities always shows credit balance

When payment is not made

Salary Dr
Outstanding salary CR

When payment is made

Outstanding salary Dr
Cash CR

Final entry

salary Dr
To cash CR

Is This Answer Correct ?    0 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is mean by tax holiday?

2574


how to solve the problem of sechdule date problem in sap proframme.

2457


what is rate of service tax and form no. of service tax ? wt rules of service tax a particuler once .?

2466


STATE & EXPLAIN THE IMPACT OF GLOBAL FINANCIAL CRIS ON CEMENT SECTOR IN INDIA:

2240


why your choseing bank of america

2768


STATE THE DIFFERENCE BETWEEN BANKING FIS AND NON BANKING FIS

2653


when will be appsc exams will held pls give me the dates

2614


Information regarding shop & establishment registration of propiertor ship & require document for this

2553


Does any one attented HSBC audit compliance test? Please let me know asap. suraj

2773


what is meant by search report of the company n why is it prepared?

2131


what is the abrevation for JJ in form jj

1911


Is form 38 mandatory to issue c form in up. thru online mode

1776


How to analyse the day to day sensex Points or Forex Values?

2796


Is it possible to list only a portion of Equity Shares leaving the balance as unlisted?

3054


sir i want aao lic exam model question paper

2886