Accountancy, asked by geetadngl, 11 months ago

paid salary 10000 and still outstanding 2000 journal entry​

Answers

Answered by sendy53
21

paid salary 10000

journal entry

salary a|c. Dr.10000

To Cash a|c. 10000

outstanding salary

salary a|c. Dr. 2000

To outstanding salary a|c. 2000

Explanation:

as outstanding salary is a liability for business so it wil be credited with amt.

Answered by pankaj5976
12

Explanation:

salary a/c ..dr 1000. To cash a/c 1000 (Being paid salary ) salary a/c ...dr 2000 To outstanding salary a/c 2000 (Being out standing salary)

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