Accountancy, asked by GAURAVSEMWAL6093, 5 months ago

Salaries due to Clerks ₹10000

Answers

Answered by laylynng
2

Answer:

Is this a question or answer

Explanation:

Answered by swethiiimiriyala
3

Answer:

salary A/c. dr. 10,000

to outstanding salary A/c. 10,000

(Being salaries due to clerks)

Explanation:

According to rule, debit all expenses&losses and credit all incomes&gains, salary is to be debited as it is an expense and as we are due to pay it is named as outstanding salary which is a liability to us (ought to pay) and that to be credited.

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