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 / 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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