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salary is paid to a person A wrongly twice a month and
after detecting the mistake the salary is paid to the right
person B.write the journal entry for the two sequences.
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Answer / raheem
B'S SALARY A/C Dr.
To A's salary A/c
we can also pass in this sort
| Is This Answer Correct ? | 10 Yes | 0 No |
Answer / muniraj
1) For normal payment of salary
A's Salary account should be debited
Bank/Cash account should be Credited
Before pay to B person the above entry should be revesed.
2) For payment of B
B's Salary account should be Debited
Bank/Cash account should be Credited
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / joy.p
Detecting entry :- Cash/Bank Account Dr.
to A's Salary Account
When salary paying to the right person B:- B's salary A/c Dr
to Cash/Bank A/c
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / sankar
1st METHOD
A's salary A/c Dr
to Cash/Bank A/c
Detecting entry :- Cash/Bank Account Dr.
to A's Salary Account
When salary paying to the right person B:- B's salary A/c Dr
to Cash/Bank A/c
2nd METHOD
A's salary A/c Dr
to Cash/Bank A/c
B'S SALARY A/C Dr.
To A's salary A/c
| Is This Answer Correct ? | 4 Yes | 0 No |
pls let me know double entry of 'LEASING"
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