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WHAT IS THE ENTRY IN 31 MARCH OR 1ST APRIL FOR PROVISSION
FOR SALARY

Answer Posted / prashant borikar

on 31st March entry is as below
Salary A/c Dr.
Salary Payable A/c Cr.

after payment on April

Salary Payable A/c Dr.
Bank A/c Cr.

Is This Answer Correct ?    17 Yes 1 No



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