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Subjects>Business>Accounting

What is salary expense debit or credit?

Updated: 9/22/2023

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Continue Learning about Accounting

Is salary expense a debit?

it is a credit

What is the journal entry for accrued payroll?

debit to payroll expense credit to accured payroll

Is an insurance expense a debit or credit?

Debit

Is rent expense a debit or credit?

debit

Is a miscellaneous expense a debit or a credit?

debit

Related questions

Is salary expense a debit?

it is a credit

Is wages due debit or credit?

wages is expense and expense is debit salary is income and income is credit

What is the journal entry for salary?

[Debit] Salary expense [Credit] Cash / bank

What is the journal entry for salary not paid?

[Debit] Salary Expense xxxx [Credit] Salary payable xxxx

What is the journal entry for accrued payroll?

debit to payroll expense credit to accured payroll

Is expense debit or credit?

If revenue (income of money) is a credit, then an expense (outflow of money) is a debit.

How do you pass the journal entries for salary deductions?

[Debit] Salaries Expense [Credit] Salaries payable (balancing amount) [Credit] Deductions

Is Insurance Expense credit or debit?

Debit

Is rent expense a debit or credit?

debit

Is an insurance expense a debit or credit?

Debit

Is a miscellaneous expense a debit or a credit?

debit

What journal entry for provident fund?

To record employee contributions to the provident fund: Debit Provident Fund Expense and Credit Employee Contribution Payable. To record employer contributions: Debit Provident Fund Expense and Credit Employer Contribution Payable.

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