what is the journal entry for paid salary to gopal ₹1200
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Answer:
Salary A/c Dr
to Cash A/c
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The journal entry for paid salary to Gopal ₹1200 is the Salary Account Dr. to Cash Account.
- A salary account is referred to as a savings account where a person's salary is deposited every month.
- A cash account is a type of business-business account, or even a business-consumer type account where the monthly fee gets directly deposited.
- This type of account doesn't offer credit.
- Hence, the journal entry for paid salary to Gopal ₹1200 is the Salary Account Dr. to Cash Account.
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