paid salary 10000 and still outstanding 2000 journal entry
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Answered by
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
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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