give journal entry for salary paid in company point of view?
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Answer / manoj mal
Salary acount a/c DR
To Cash a/c
Salary is an expenses - debit
cash is going out - credit
| Is This Answer Correct ? | 221 Yes | 14 No |
Answer / kiran
Salary A/c................Dr
To Salary Payable A/c...Cr
& After paid
Salary Payble A/c..........Dr
To Cash/Bank A/c........Cr
| Is This Answer Correct ? | 112 Yes | 20 No |
Answer / nirakar
Salary A/c ......................Dr.
To Cash/Bank A/c
| Is This Answer Correct ? | 55 Yes | 6 No |
Answer / md zafar ahmed
a) salary a/c....dr
to mr abc a/c
b) Mr. Abc A/c...dr
to cash/bank a/c
| Is This Answer Correct ? | 32 Yes | 4 No |
Answer / thasleem ali
1. salary a/c dr
to salary payable a/c cr
(salary due for paid)
salary payable a/c dr
bank /cash cr
salary paid by cash or cheque
| Is This Answer Correct ? | 27 Yes | 0 No |
Answer / y.jaya narasimha rao
SALARY A/C - Dr
TO CASH A/C
BECAUSE SALARY IS THE EXPENSES THEN IT IS DEBIT
AND CASH IS GOING OUT THEN IT IS CREDIT
| Is This Answer Correct ? | 23 Yes | 2 No |
Answer / shashikala jm
Salaries a/c dr
To Cash/Bank a/c
(As it is based on company point of view in general say salaries a/c dr to cash /Bank a/c.)
| Is This Answer Correct ? | 11 Yes | 1 No |
Answer / gaurav kuamr
Salary A/c ........Dr. xxxx
To Cash/Bank A/c xxxx
If company pays salary in cash then cash will be credit and
similarly bank will be credit.
| Is This Answer Correct ? | 13 Yes | 6 No |
Answer / raju
when we paying salary ,,some times we didact TDS also ..
PER APPOSE PAYING SALARY TO SECURITY,,
SECURITY SERVICES A/C DR 5000
TO TDS ON SALARY AMOUNT 100
TO GROUP 4 ,SECURITY(PVT LTD) 4900
| Is This Answer Correct ? | 6 Yes | 2 No |
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