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

Answer Posted / 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



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