Hindi, asked by sivaranjini6972, 10 months ago

Paid salary and wages by cheque of Dr or Cr

Answers

Answered by Anonymous
4

Salary is paid to employers by cheque in some cases.

If transferred, salary a/c Dr to the bank a/c of the employer.

Salary is Nominal account & cash is real account

As salary is expense for any business

Debit the salary A/c

:- Golden rule for Nominal account

Debit all expenses & losses

Credit the cash a/c

:- Golden rule for real account

Credit what goes out

Salary a/c Dr

To cash a/c


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