Question

journal entry of salary due to Naresh​

Answer 1

Answer:

Outstanding salery A/c. Dr.

To Naresh

Answer 2

Answer:

The journal entry for salary due is as follows:

Explanation:

As is the outstanding expense, so any increase in liability is credited and the expense account is debited.

The entry is

Naresh's Salary A/c.................Dr    XXXX

     To Outstanding Salary A/c......Cr   XXXX

Outstanding expense is the expense which is due or outstanding in the present or current year but not paid or left unpaid.