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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 Posted / biplab acharjee
Jan: Salary ---- Dr. 4,000
To, Salary Payable 4,000
Feb. 28. : Salary Payable Dr. 4,000
To, Cash 4,000
: Salary ----- Dr. 8,000
Advance Salary ---- Dr. 8,000
To, Cash 16,000
March. : Salary ------ Dr. 8,000
To, Advance Salary 8,000
| Is This Answer Correct ? | 8 Yes | 2 No |
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