Paid salary and wages by cheque of Dr or Cr
Answers
Answered by
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
Anonymous:
Timing bata de..
Similar questions