Accounts quarry....
This query is : Resolved
24 May 2014
Sir Please tell me whats the journal entry if any incentive received by an employee regarding sales .
Guest
Guest
(Expert)
24 May 2014
for the company
for booking of expenses
sales promotion dr.
to particular employee
than
at the time of payment
particular employee dr
to bank or cash a/c
and for employee
bank or cash a/c dr
to sales promotion/commission a/c cr
for booking of expenses
sales promotion dr.
to particular employee
than
at the time of payment
particular employee dr
to bank or cash a/c
and for employee
bank or cash a/c dr
to sales promotion/commission a/c cr
24 May 2014
sir under which account Sales Promotion is taken?
Guest
Guest
(Expert)
24 May 2014
indirect expenses
sales overhead
sales overhead
24 May 2014
okey thank you very much sir.......
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