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what is entry in the book in march and april for salary
which is paid in april for march month?
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Answer Posted / vijay
In March JV will be passed as
Salaries A/c Dr. xxx
To Outstanding liabilities A/x Cr. xxx
In April -- March month salary will be paid so
Outstanding liabilities A/c Dr. xxx
To Bank/Cash A/c Cr. xxx
| Is This Answer Correct ? | 8 Yes | 0 No |
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