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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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Answer Posted / narasimha rao
salary paid on 28th feb when entry
for example this employee RAMESH
THE 20000 AMOUNT IS SALARY ADVANCE
RAMESH A/C Dr 20000
to BANK A/C 20000
WHEN JAN AND FEB SALARY PAID
SALARY A/C Dr 12000
To RAMESH A/C 12000
| Is This Answer Correct ? | 1 Yes | 0 No |
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