Answer / faheem

1.At present

Salaries a/c Dr..

To Salaries payable a/c

(Being Salaries payable)


2.At the time of paying the cash

Salaries Payable a/c Dr

To Bank/Cash a/c

(Being outstanding salaries paid)

Answer / sandeep

dear,

you should pass an journal accounting entry, that is.
salary accounts debit, and credit the salary payable
account. @ the time of payment debit the payable account.

hope u understand.

thanks

Answer / jitendra singh

By Salaries A/c
To Salaries Payable A/c
( Being salary payable)


When paying cash
By Salaries Payable A/c
To Cash A/c
( Being salary paid)






(

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