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New emlpoyee was joined on 15th Jan and salary paid on 28th
Feb amt of Rs.20000/- and asked to give the Journal entry
for the Month of Jan, Fed and March (His Monthly Salary is
Rs.8000/-)
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Answer / shad
on 31 Jan.
Salary Dr. 4,000
outsanding Salary 4,000
on 28 Feb.
Adv.Salary a/c Dr. 20,000
To cash a/c 20.000
Outstanding salary Dr. 4000
Salary a/c 8,000
To advance Salary 12,000
on 31 march
Salary a/c Dr. 8,000
to Advance salary 8,000
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / santosh kulkarni
28 th feb :- By Outstanding Salaries A/c Dr - 4000.00
By Salary A/c Dr - 8000.00
By Salary Advance A/c Dr - 8000.00
To Bank / Cash A/c Cr - 20,000.00
( Being outstanding 15 days Salary paid for the
month of Jan,salary for the month of Feb, and paid advance
against March month salary.)
31 March :- By Salaries A/c Dr - 8000.00
To Salary Advance A/c Cr - 8000.00
( Being Salary Advance received which is paid
in the month of Feb.)
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / roushan
in January
salary a/c....dr 4000
To salary o/s a/c 4000
in February
salary o/s a/c..... dr 4000
salary a/c..... dr 8000
salary in advance a/c dr 8000
To cash a/c 20000
in March
salary a/c.....dr 8000
To Salay in advance a/c 8000
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / manoj jha
salary paid on dt 28. feb. Rs 20,000.00 for the m/o jan,
feb, & march.
Entry on dt 28 feb.
Dr. Cr.
outstanding salary A/c 4000
(M/o Jan)
Salary A/c 8000
(m/o Feb.)
Prepaid Salary A/c 8000
( M/o March)
Cash A/c 20000
Bg. Cash paid to abc Agst salary for the m/o Jan
Feb, & march
| Is This Answer Correct ? | 3 Yes | 4 No |
Answer / ishwari prasad neupane
salary a/c Dr.........12,000.00
advance salary a/c...... 8000.00
to cash a/c ................. 20000.00
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / radhika
jan 31
salary a/c dr 4000
to outstanding salary a/c 4000
feb 20th
outstanding salary a/c dr 4000
Prepaid salary a/c dr 16000
to Bank 20000
feb 28th
salary a/c dr 8000
to advance salary a/c 8000
march 31th
salary a/c dr 8000
to advance salary a/c 8000
| Is This Answer Correct ? | 1 Yes | 3 No |
Answer / azeem
28th feb
Salary A/c Dr Rs.4000
(15th Jan )
Salary A/C Dr Rs.8000
Incentive A/c Dr Rs.8000
Cash A/c Rs.20000
31th mar
Salary A/c Dr Rs.8000
Cash A/c Rs.8000
| Is This Answer Correct ? | 9 Yes | 12 No |
Answer / narasimha rao
jan 15th to jan31
salary a/c dr 4000
to cash a/c 4000
feb 1 to 28 th
salary dr 8000
to cash 8000
march 1 to 31
salary a/c 8000
to cash 8000
| Is This Answer Correct ? | 0 Yes | 3 No |
Answer / send hil
28th Feb
28th Feb slary A/c(Jan ) Dr 4000
Bank A/c (Jan) Cr(4000)
28th Feb Salry A/c(Feb) Dr 8000
Bank A/c (Feb) Cr(8000)
28th Feb Prepaid Expenses(March) Dr 8000
Bank A/c Cr(8000)
| Is This Answer Correct ? | 8 Yes | 16 No |
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