Rs. 30,000 salary due to manager, but not paid. what will be
the journal entry for this transaction?
- 11 Answers
- 33951 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / madhu babu.ch
salary a/c Dr Rs 30000
To o/s salary a/c Rs 30000
| Is This Answer Correct ? | 62 Yes | 12 No |
Answer / vinay kumar
Salary A/c Dr. 30,000/-
Salary Payable A/c 30,000/-
| Is This Answer Correct ? | 70 Yes | 25 No |
Answer / suja
Salary A/C Dr
To outstanding Salary
(Being salary due,but not paid)
| Is This Answer Correct ? | 37 Yes | 3 No |
Answer / shihab
Salary A/c Dr. 30000
To Salary Payable A/c 30000
(being Salary for the month.....)
Salary Payable A/c Dr. 30000
To Mr.X A/c (Manager) 30000
(being Salary due for the month....)
At the Time of Salary Payment
Mr.X A/c Dr. 30000
To Cash/Bank A/c 30000
(being salary paid for the month....)
| Is This Answer Correct ? | 10 Yes | 0 No |
Answer / karpagaselvavigneswaran
This is means that salary outstanding
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / anah agarwal
Salary A/C Dr. 30000
To salary payble A/C 30000
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / himanshu
SALARY A/C DR.
TO SALARY PAYABLE A/C
( Being salary due but not paid)
| Is This Answer Correct ? | 4 Yes | 4 No |
Answer / ajeet singh
SALARY A/C DR - 30000 (Expenses)
SALARY PAYABLE 30000 (Liabilities)
| Is This Answer Correct ? | 3 Yes | 3 No |
Answer / sandeep reddy
salary a/c dr 3000
to outstanding salary a/c 3000
(salary debited as per nominal account
outstanding credited as per representative personal account)
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / puja puja
Salary a/c....dr 30000
Salary payable a/c....30000
(Being salary due bt not paid)
| Is This Answer Correct ? | 0 Yes | 2 No |
Example of deferred liability and asset?
purchase rice 2 bags rs.7500 and vat charges @5% what is the answer...
How to entry cash & credit card sales in Tally ERP in One sales vocuher pls help me in this?
What is the type of principal for CLOSING STOCK. and why we show closing stock two time that is once in trading account and another time in assets. if closing stock is Real account than what about showing in trading account as we dont show real account type in trading account. thanks
I have received 75000/- as retainership fees from ABC company but they have deducted TDs 10% and send me 67500/- my question is that what entry i have to pass in my books please help me
how to maintain the books of accounts in the organization
What is inventory
Do you know in accounting, vat abbreviates what?
Can pls tell me difference between simple cash book & accrued cash book?
What is meant by turnover?
how we will account the preliminary expenses in journal and ledger as well as balance sheet?
what is Penal account
Audit 
