Accounts quarry....


This query is : Resolved 

(Querist)
24 May 2014 Sir Please tell me whats the journal entry if any incentive received by an employee regarding sales .

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Guest

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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

vikas kumar (Querist)
24 May 2014 sir under which account Sales Promotion is taken?

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Guest

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Guest (Expert)
24 May 2014 indirect expenses


sales overhead

vikas kumar (Querist)
24 May 2014 okey thank you very much sir.......


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