Question { 6434 }

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/-) ?

Answer

31 jan salary a/c Dr. 4000
to Salary Payable 4000

28 Feb Salary A/c dr. 8000
To Salary Payable 8000

28 Feb Salary payable a/c dr. 12000
Salary Advance Dr. 8000
To Bank/Cash A/c 20000

31 March Salary A/c Dr. 8000
To Salary Payable 8000

31 March Salary Payable A/c Dr. 8000
To Salary Advance A/c 8000