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 Journal Entry for Provision for Leave Salary

Answer Posted / shameemudheen

1 Entry has to pass on every month end
Leave Salary DR
Provision for Leave salary CR
(Being Leave salary expenses)

2nd entry should pass agaist the first entry
Provision for Leave salary DR
Bank AC CR
(Being leave salary expenses paid from bank subject to provision made (specific month)

Is This Answer Correct ?    8 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are bills receivable?

1095


how will decide that vender payment is ok without reco

2404


What action could be taken by you and your manager to improve your performance in your current position?

13729


What does overhead mean in regards to accounting?

1162


Under what type of account do the unearned revenues fall?

1062


1. Why do wish to study in canada in the program for which you have been accepted? 2. What is your overall education goal? 3. Why are you pursuing a similar program in your country of residence/citizenship? 4. What research have you done into studies in your country of residence/citizenship? 5. How will this program enchance your employment opportunities in your country of residence? please send me all possible answer i hope your answer will help me a lot...

6091


What is customer account?

1152


Tell me what are the activities that includes in cash flow statement?

1420


What is the meaning of scrap value in accounting?

1171


Can i put opening stock in new company during closing time

1749


Explain things that fall under intangible asset?

1123


What is the difference between provision and reverse?

1154


At the time of death of a partner, firm gets ________ from the insurance company against the Joint Life Policy taken jointly for all the partners. (a) Policy Amount. (b) Surrender Value. (c) Policy Value for the dead partner and Surrender Value for the rest. (d) Surrender Value for all the partners.

2366


what is the head for stock trnasfer

2248


what is basic general accounting.

2030