New emlpoyee was joined on 15th Jan and salary paid on 28th Feb amt of Rs.2000

New emlpoyee was joined on 15th Jan and salary paid on 28th
Feb amt of Rs.20000/- and asked to give the Journal entry
for the Month of Jan, Fed and March (His Monthly Salary is
Rs.8000/-)

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New emlpoyee was joined on 15th Jan and salary paid on 28th Feb amt of Rs.20000/- and asked to giv..

Answer / ankit

28 feb Outstanding salary.......dr. 4000
To salary 4000
28 feb salary a/c...............dr 4000
Prepaid expenses a/c.....dr 8000
To P & L a/c 12000

28feb- cash a/c...............dr 20000
To outstanding salary a/c 4000
To salary a/c 8000
To prepaid salary a/c 8000

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New emlpoyee was joined on 15th Jan and salary paid on 28th Feb amt of Rs.20000/- and asked to giv..

Answer / abid ali

salary for the 15th jan
salaries outsanding a/c dr 4000
to outsanding expenses a/c 4000

salary received for the 15the jan in the month of feb
salaries a/c dr 4000
to cash 4000
salary for the feb
salaries outsanding a/c 8000
to outsanding expenses 8000
salary recieved for the feb in the march
salaries a/c 8000
to cash a/c 8000

salary for the month of march

salary outsanding a/c 8000
to outsanding expenses a/c 8000

salary for the month of march in april
salary a/c 8000
to cash a/c 8000