Question

Payment of wages to Ram Lal was debited to his personal account with
Rs.3000/-

Answer 1

Answer:

wages a/c dr 3000

To ram lal a/c 3000

Answer 2

The answer for this particular question would be

Wages A/c....Dr         3000

    To Ram Lal A/c                 3000

(being payment of wages debited into account)

Explanation:

This can be explained very easily.

This kind of transactions can be understood using the golden rules of accounting which says that "Debit what comes in, Credit what goes out. Second: Debit all expenses and losses, Credit all incomes and gains. Third: Debit the receiver, Credit the giver."

Since the entry is from the point of view of the business, wages are direct expenses therefore we will use the second rule here.

To know more:

1. What is ‘Wage’ under Payment of Wages Act? What are the deductions allowed from wages?
2. https://brainly.in/question/9248766

1. Definition of wages given under payment of wages act
2. https://brainly.in/question/9996837