Accountancy, asked by yashlondhe03, 1 year ago

Paid for salaries journal entries

Answers

Answered by Anonymous
9

Salaries A/C.  Dr.   Rs.xxx    To Cash A/C.  Or Bank A/C. Rs.xxx (Being salaries paid )

Answered by PiaDeveau
1

Salary paid

Explanation:

                                  Books of (----Limited)

                                      Journal Entry

Date         Account Title and Explanation       Debit   Credit

                Salary                              A/c Dr.           xxx

                To Bank / cash            A/c                             xxx

          (Being salary  paid from cash or bank)

Note: The Salary account will be debit because the salary is an expense for the business.

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