In Proprietorship Accounting How Does The Entry Made Of Salary To XYZ When XYZ

In Proprietorship Accounting How Does The Entry Made Of
Salary To XYZ When XYZ Become The Proprietor Of The
company?

Question Posted / satish

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In Proprietorship Accounting How Does The Entry Made Of Salary To XYZ When XYZ Become The Propriet..

Answer / tej prakash sati

We can directly debit to Properietor's account by credit
the Cash/Bank account.

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In Proprietorship Accounting How Does The Entry Made Of Salary To XYZ When XYZ Become The Propriet..

Answer / abbas

First, we have to know that whether a proprietor take a
salary ??? no if partner take a salary , he is a sleeper
partner. so whatever, it is the entry is

xyz A/C................DR
TO
CASH A/C

Is This Answer Correct ?

1 Yes

2 No

In Proprietorship Accounting How Does The Entry Made Of Salary To XYZ When XYZ Become The Propriet..

Answer / arihant

simply do
salary a/c dr.
To cash/bank

Is This Answer Correct ?

0 Yes

1 No

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