Question

Salary paid to manager comes under

Answer 1

Answer:

Salary paid to manager comes under Debit as it is an expense.

Explanation:

In the journal entry or double entry, the paid salary shown as below

Salary A/c Dr

To Cash A/c Cr

Salary comes under debit because it is an expense .

While Cash is credit because it is going out. As in our case salary is paid to the manager.

Following are the rules of entry:

• Rule 1- Real Account- Debit what comes in , credit what goes out.

• Rule 2- Personal Account- Debit→ the receiver, credit→ the giver.

• Rule 3- Nominal Account- Debit are the all expenses and losses, while credit are the all incomes & gains.