Question

5. Jacob sports club paid Rs. 1,000 as
salaries to employees including Rs.
400 paid for the next year. How
much amount should be debited to
Income and Expenditure account.

Rs. 1,400
Rs. 600
Rs. 1,000
Rs. 400​

Answer 1

Answer:

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Answer 2

Answer:

ans should be Rs 1,400 a

Explanation:

as it is an expense of the business

400 is also added as you have paid the amount

and in accounting there is rule that debit the expense and loss