Greeting For the Day.
What would be entry in books of accounts, If salary of employees paid for proprietor capital a/c ?
4 Replies
sabyasachi mukherjee
(27597 Points)
Replied 29 April 2022
What salary entry from capital is required?
Laxmi Kudire
(140 Points)
Replied 30 April 2022
How can we pay anything from capital account ? it must be paid from bank acc...in case if your bank no balance and if proprietor brings money then
Bank or cash Dr
to capital acc cr
then
salary acc Dr
to bank cr
Bank or cash Dr
to capital acc cr
then
salary acc Dr
to bank cr
Amit
(Accounts )
(528 Points)
Replied 30 April 2022
What happened if Bank closed company account with out notice
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