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

Answer Posted / gaurav kuamr

Salary A/c ........Dr. xxxx
To Cash/Bank A/c xxxx

If company pays salary in cash then cash will be credit and
similarly bank will be credit.

Is This Answer Correct ?    13 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How Can Pass Credit Limit Entry If We Take Limit Of BANK I Maintain Of Account In Tally.ERP9 Than We Create Bank Ledger of Which Under

1371


I have an S Corporation called Trend Foods Inc. I would like to make a division of that company that services computers and call that Trend Computer Service. I do not want to set up another Corporation for Trend Computer Service. Can I just make a division of Trend Foods and what paperwork do I need to fill out to make that happen? Thanks for the help, Jim

1629


what is purchase consideration?

1690


What is the relationship between, issued share capital, share premium and paid up capital?

1902


what is circuit filter?

1495






plz tell me the finance questions asked in hsbc latest question asked in hsbc?

1533


Please do tell me about the questions which are asked at BACS FINAL ROUND.

1700


what is Ratio Analysis ?

1815


How to Calculate Mortgage?

1884


What is corporate restructuring?

2033


Is interest of a business unit Operating Expense or Non Operating Expense

1488


honararium for the month of march 2013 can be paid on 31 mar 2013

1662


why do you want to work here?

1699


If DEBT/EQUITY ratio 2:1, is to good or bad for a company? how...??? can u explain it...???

1709


WHAT IS INTEGRAL ACCOUNTING

1776