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In Proprietorship Accounting How Does The Entry Made Of
Salary To XYZ When XYZ Become The Proprietor Of The
company?
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Answer / tej prakash sati
We can directly debit to Properietor's account by credit
the Cash/Bank account.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / abbas
First, we have to know that whether a proprietor take a
salary ??? no if partner take a salary , he is a sleeper
partner. so whatever, it is the entry is
xyz A/C................DR
TO
CASH A/C
| Is This Answer Correct ? | 1 Yes | 2 No |
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