Question

Salary of rs 1000 and wages of rs 25000 paid by cheque what will be entry

Answer 1

Answer:

salary a/c......Dr 1000

to cash a/c. 1000

wages a/c.....Dr. 25000

to bank a/c. 25000

Explanation:

Answer 2

The answer of the following Question is given below

Explanation:

                                Journal Entry

                            In the Books of (--- Ltd)

Date                          Particular                  Debit   Credit 

                 Salary             a/c  Dr                1,000

                 To Bank          a/c                                    1,000

        (Being Salary made by cheque )

                Wages            a/c  Dr               25,000

                 To Bank         a/c                                    25,000

         (Being wages paid from the bank)

: Salary and Wages are expenses , therefore  amount is debited .

NOTE: Mix Entry

Date                          Particular                  Debit   Credit 

                      Salary                a/c Dr         1,000

                      Wages               a/c Dr         2,5000

                    To Bank            a/c                                26,000

           (Being Salary and Wages paid from Bank Account)

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