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Rs. 30,000 salary due to manager, but not paid. what will be
the journal entry for this transaction?
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Answer Posted / 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....)
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