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if salary is paid what will be entry?

If it is given on advance?

If it is paid on delay

Answer Posted / syed mohamed

1.Salary a/c dr

To Bank/Cash a/c

2.Advance Salary a/c dr

To Bank/Cash a/c

3.Arrears Salary a/c dr

To Bank/Cash a/c

Is This Answer Correct ?    6 Yes 2 No



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