give journal entry for salary paid in company point of view?

Question Posted / sindujaramkumar

Answers were Sorted based on User's Feedback

give journal entry for salary paid in company point of view?..

Answer / binu bernard babu

Salary A/c Dr
To, Cash/Bank

(salary is an expense, So increase in expense should be treated in the debit Side)

Is This Answer Correct ?

0 Yes

0 No

give journal entry for salary paid in company point of view?..

Answer / sri ram

Salary a/c Dr
To cash or bank a/c

Is This Answer Correct ?

0 Yes

0 No

More Accounting AllOther Interview Questions

How to get FIRC from Bank & How many days to take time inflow statments submation fo Bank?

introduce yourself?

What z d diff of accounting principle,accounting standard,accounting rules,accounting procedures,accounting concepts??????

Expand---------MRTD

Bank a/c....Dr. To Debtor's A/c Is this journal entry a contra entry?

Expand PETL

i have need full detail of tds rules and forms submitted dovetails

Expand--------ADCB

While Scrutinizing the Trial Balance which error will catch you eye immediately...

how to calculate LTA with out Bills?

Expand---------PTSR

what is the difference between debenture and shares

For more Accounting AllOther Interview Questions Click Here