Journalise Salery paid rs 2000
Answers
Answered by
0
Answer:
Cash A/c Dr. 2000
To Salary A/c 2000
(Being salary paid)
Answered by
0
Answer:
The journal entry for the salary paid is shown below:
Explanation:
Salary A/c.............Dr Rs 2,000
To Cash A/c.....Cr Rs 2,000
As salary is an expense for the business so as per the rule of expense is debited. Therefore, the salary account is debited. And the cash is going out of the business and any decrease in asset account is credited. So, the cash account is credited.
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