Arrear of salary account head
This query is : Resolved
02 August 2012
Please let me know under which account group Salary Arrears account should be opened. I mean is it a current liability or indirect expenses?
03 August 2012
Salary arrears can be debited normal salary Account mentioning as arrears.
Arrears payable can be grouped under Current liability as Salary arrears payable
Arrears payable can be grouped under Current liability as Salary arrears payable
Message likes :
2 times
04 August 2012
I suggest you kindly go through golden rules of accounting to get clarity in accounting treatment.
04 August 2012
I suggest you kindly go through golden rules of accounting to get clarity in accounting treatment.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- Applicability
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Offsetting interest income against derivative trading losses
- RCM - commercial rent paid to URP under GST
- TDS NUMBER SURRENDER
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Gst Sales of FY 2023-24
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
