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if salary is paid what will be entry?
If it is given on advance?
If it is paid on delay
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Answer / syed mohamed
1.Salary a/c dr
To Bank/Cash a/c
2.Advance Salary a/c dr
To Bank/Cash a/c
3.Arrears Salary a/c dr
To Bank/Cash a/c
| Is This Answer Correct ? | 13 Yes | 0 No |
Answer / syed mohamed
1.Salary a/c dr
To Bank/Cash a/c
2.Advance Salary a/c dr
To Bank/Cash a/c
3.Arrears Salary a/c dr
To Bank/Cash a/c
| Is This Answer Correct ? | 6 Yes | 2 No |
Answer / dolly
IF SALARY IS PAID
SALARY A/C DR
TO EMPLOYEE'S A/C
(BEING SALARY DUE)
EMPLOYEE'S A/C DR
TO CASH A/C
(BEING SALARY PAID)
IF SALARY IS GIVEN IN ADVANCE
EMPLOYEE'S A/C DR.
TO CASH A/C
(BEING SALARY IS GIVEN ON ADVANCE)
IF SALARY IS PAID ON DELAY
SALARY A/C DR.
TO EMPLOYEE'S A/C
(SALARY DUE)
EMPLOYEE'S A/C DR.
TO CASH A/C
(SALARY PAID ON DELAY)
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / anuragupta
if paid then
Salary payble a/c dr.
To bank/cash a/c
if advance then
Advance salary a/c dr.
To Bank/Cash a/c
| Is This Answer Correct ? | 1 Yes | 0 No |
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