31 August 2016
how to frame journal entry of paid salaries on 7th April for the month of March 2016 Rs 7000 if it is not shown in balance sheet of 31st march 2016.
31 August 2016
Dear jitendra,
Generally it should be booked in last year.
But you can book the same in current year also as payment was done in march.
Normal will be done
hope your query is resolved
Kindly like if my response has helped you
01 September 2016
Dear Jitendra,
As explained by Amol if possible provide in last year books or else book the entry in current year.
yes you can book by same entry
Hope your query is resolved
Kindly like if my response has helped you
CAclubindia
