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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/-) ?

Answer Posted / praveen singh

1) Jan Month Journal Entry:
Salary A/C Dr 4000
To Salary Payable A/c 4000

2) Feb Month Journal:
Salary Payable a/c Dr 4000
Salary a/c Dr 8000
Salary paid in advance Dr 8000
TO Bank A/C 200000

3) in March month:
Salary Account Dr 8000
To Salary paid in advance 8000

Is This Answer Correct ?    6 Yes 2 No



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