Basic query on accounting
This query is : Resolved
07 June 2013
Salary paid to Mr x Rs 3000.
In the above transaction when to debit Mr x a/c and when to debit Salary a/c. Please guide me.
In the above transaction when to debit Mr x a/c and when to debit Salary a/c. Please guide me.
07 June 2013
ist-Entry
Salary Dr. 3000
To , Mr. X 3000
(being Salary due.)
iind Entry
Mr. X dr. 3000
To cash or Bank 3000
(Being salary paid.)
Salary Dr. 3000
To , Mr. X 3000
(being Salary due.)
iind Entry
Mr. X dr. 3000
To cash or Bank 3000
(Being salary paid.)
Message likes :
1 times
07 June 2013
Thanks Sir
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