Salaries due to Clerks ₹10000
Answers
Answered by
2
Answer:
Is this a question or answer
Explanation:
Answered by
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.
Similar questions