What is the entry for Salary for the month of March if the
books closed on 31-03. Before 31st March and after 31st
March?
Answer Posted / soundararaju
ON 31st March
Salary a/c DR
Salary @ Other allowances Reserve a/c CR
After 31st March
Salary @ Other allowance Reserve a/c DR
Cash / Bank a/c CR
Is This Answer Correct ? | 2 Yes | 5 No |
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