give journal entry for salary paid in company point of view?
Answers were Sorted based on User's Feedback
Answer / binu bernard babu
Salary A/c Dr
To, Cash/Bank
(salary is an expense, So increase in expense should be treated in the debit Side)
| Is This Answer Correct ? | 0 Yes | 0 No |
what is the meaning of LIQUIDITY? what is merger, acquisition & amalgamation? what is the differnce between them? WHAT IS THE TAXABLE VALUE OF THE FOLLOWING FRING BENEFITS FOR FRINGE BENEFIT TAX ? a) CONCESSIONAL TICKET PROVIDED BY THE EMPLOYER FOR PRIVATE JOURNEY OF An EMPLOYEE AND HIS FAMILY MEMBERS. b) GIFTS AND SCHOLARSHIP.
Expand-------ANC
what is the difference between direct income and indirect income?
13 Answers College School Exams Tests, IPO, Wipro,
what is depreciation ?
• Where does closing stock appears in the trial balance?
Does the Commission have a policy on the holding of reserves?
How to Maintain Medical Stores accounts in Tally?Please send me full details???????????????? thanks
What is the basic difference between pledge, hypothication and mortgage????
what is the difference between accrual and provision
you purchase a machinary on a loan what is the joury entry for that and where will you show the the loan amount in balance sheet and show the ledger account?
What are the two motives of business?
what is Contra Entry?