Accountancy, asked by anjusroch, 9 months ago

pass journal entry- company paid salary of Rs. 20000 with outstanding salary through SBI bank.​

Answers

Answered by anuchauhan8121979
0

Salary payable can be attributed to the type of payroll journal entry that shall be used to record in the books of account the compensation which shall be paid to the employees. It is usually included in the current liabilities on the balance sheet as it is expected to be paid within one year.

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