Rs. 30,000 salary due to manager, but not paid. what will be
the journal entry for this transaction?
Answers were Sorted based on User's Feedback
Answer / madhu babu.ch
salary a/c Dr Rs 30000
To o/s salary a/c Rs 30000
Is This Answer Correct ? | 62 Yes | 12 No |
Answer / vinay kumar
Salary A/c Dr. 30,000/-
Salary Payable A/c 30,000/-
Is This Answer Correct ? | 70 Yes | 25 No |
Answer / suja
Salary A/C Dr
To outstanding Salary
(Being salary due,but not paid)
Is This Answer Correct ? | 37 Yes | 3 No |
Answer / 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....)
Is This Answer Correct ? | 10 Yes | 0 No |
Answer / karpagaselvavigneswaran
This is means that salary outstanding
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / anah agarwal
Salary A/C Dr. 30000
To salary payble A/C 30000
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / himanshu
SALARY A/C DR.
TO SALARY PAYABLE A/C
( Being salary due but not paid)
Is This Answer Correct ? | 4 Yes | 4 No |
Answer / ajeet singh
SALARY A/C DR - 30000 (Expenses)
SALARY PAYABLE 30000 (Liabilities)
Is This Answer Correct ? | 3 Yes | 3 No |
Answer / sandeep reddy
salary a/c dr 3000
to outstanding salary a/c 3000
(salary debited as per nominal account
outstanding credited as per representative personal account)
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / puja puja
Salary a/c....dr 30000
Salary payable a/c....30000
(Being salary due bt not paid)
Is This Answer Correct ? | 0 Yes | 2 No |
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