What is the journal entry for due salary
Answers were Sorted based on User's Feedback
Answer / mohit babu
Salary Exp. A/c Dr. (Expense)
To Salary Payable A/c (Liability)
| Is This Answer Correct ? | 158 Yes | 24 No |
Answer / bibhu
for Salary due
Salary A/c Dr.
To Outstanding Salary A/c
for Payment
Outstanding salary A/c Dr.
To Cash/ Bank A/c
| Is This Answer Correct ? | 134 Yes | 9 No |
Answer / ananthu roy
Salary a/c Dr
To TDS payable
To PF payable
To EMI payable
To Advance payable
To Salary payable
| Is This Answer Correct ? | 24 Yes | 7 No |
Answer / amit srivastava
Salary Exp.A/C Dr (Indirect Exp)
To Salary Outstandinhg A/C (Liability)
| Is This Answer Correct ? | 40 Yes | 25 No |
Answer / omesh
salary a/c dr
salary outstanding( personal a/c).
being salary due.
| Is This Answer Correct ? | 23 Yes | 10 No |
Answer / devendra sharma
salary A/c Dr.
To salary paybal a/c
( Being cash with payment )
| Is This Answer Correct ? | 7 Yes | 3 No |
Answer / shiv kumar
salary Exp. A/c Dr.
PF Exp. A/c Dr. (Employer Contribution)
ESI Exp. A/c Dr. (Employer Contribution)
To TDS Payable A/c
To PF Payable A/c (Employer & Employee Contribution)
To ESI Payable A/c (Employer & Employee Contribution)
To Salary Payable A/c
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / kishore
1) SALARY A/C DR 10000
TO TDS 2000
TO PF 2000
TO ESI 2000
TO ADVANCE PAID 2000
TO SALARY PAYABLAE 2000
(BEING ABOVE PAMENTS AER MADE FROM SALARY A/C ),DUE ENTRY
2) S
| Is This Answer Correct ? | 5 Yes | 4 No |
I have received a cheque from customer and i deposited into the bank next 4-5 days cheque has been bounced by the bank. Pls tell me what is reverce entry in the tally for cheque bounced and which option i will enter in journal or payment entry. Salary . is it direct exp or indrect exp.
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