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Rs. 30,000 salary due to manager, but not paid. what will be
the journal entry for this transaction?
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Answer Posted / karpagaselvavigneswaran
This is means that salary outstanding
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ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10
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