Rs. 30,000 salary due to manager, but not paid. what will be
the journal entry for this transaction?
Answers were Sorted based on User's Feedback
Answer / madhu babu.ch
salary a/c Dr Rs 30000
To o/s salary a/c Rs 30000
| Is This Answer Correct ? | 62 Yes | 12 No |
Answer / vinay kumar
Salary A/c Dr. 30,000/-
Salary Payable A/c 30,000/-
| Is This Answer Correct ? | 70 Yes | 25 No |
Answer / suja
Salary A/C Dr
To outstanding Salary
(Being salary due,but not paid)
| Is This Answer Correct ? | 37 Yes | 3 No |
Answer / shihab
Salary A/c Dr. 30000
To Salary Payable A/c 30000
(being Salary for the month.....)
Salary Payable A/c Dr. 30000
To Mr.X A/c (Manager) 30000
(being Salary due for the month....)
At the Time of Salary Payment
Mr.X A/c Dr. 30000
To Cash/Bank A/c 30000
(being salary paid for the month....)
| Is This Answer Correct ? | 10 Yes | 0 No |
Answer / karpagaselvavigneswaran
This is means that salary outstanding
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / anah agarwal
Salary A/C Dr. 30000
To salary payble A/C 30000
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / himanshu
SALARY A/C DR.
TO SALARY PAYABLE A/C
( Being salary due but not paid)
| Is This Answer Correct ? | 4 Yes | 4 No |
Answer / ajeet singh
SALARY A/C DR - 30000 (Expenses)
SALARY PAYABLE 30000 (Liabilities)
| Is This Answer Correct ? | 3 Yes | 3 No |
Answer / sandeep reddy
salary a/c dr 3000
to outstanding salary a/c 3000
(salary debited as per nominal account
outstanding credited as per representative personal account)
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / puja puja
Salary a/c....dr 30000
Salary payable a/c....30000
(Being salary due bt not paid)
| Is This Answer Correct ? | 0 Yes | 2 No |
gold purchse
Hi sir, Our appointed one agent for sales promotion activities. This agent doing the job "canvas of our product". My quires 1)it is eligible for service tax and how to accounted. 2) this transaction is direct expenses or direct expenses? Pl suggest me
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