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Subjects>Business>Accounting

What is the journal entry for outstanding salaries?

Updated: 4/28/2022

Wiki User

∙ 11y ago

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outstanding salaries a/c....................dr

to outstanding expenses

Wiki User

∙ 11y ago

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Wiki User

∙ 9y ago

debit salaries expense
credit salaries payable

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What is the Journal entry for outstanding rent paid?

outstanding rent

What is journal entry of outstanding expenses paid?

[Debit] Outstanding expenses [Credit] Cash / bank

What is journal entry of outstanding expenses?

Outstanding expenses are those which are yet to be paid in current financial year. Journal entry would be Expenses a/c dr to Outstanding expenses a/c Outstanding expenses should be crecdited because its a liability for the company.

What is the Journal entry for outstanding rent?

debit rent expensecredit rent payable

What is journal entry of outstanding rent?

outstanding rent account dabit to Mr ashwin

Related questions

What is journal entry of outstanding salary?

debit salary expensecredit salary payable

What is Outstanding expenses journal entry?

Debit outstanding expensesCredit expenses payable

What is the Journal entry for outstanding rent paid?

outstanding rent

What is journal entry of outstanding expenses paid?

[Debit] Outstanding expenses [Credit] Cash / bank

What is journal entry of outstanding expenses?

Outstanding expenses are those which are yet to be paid in current financial year. Journal entry would be Expenses a/c dr to Outstanding expenses a/c Outstanding expenses should be crecdited because its a liability for the company.

What is the Journal entry for outstanding rent?

debit rent expensecredit rent payable

What is journal entry of outstanding rent?

outstanding rent account dabit to Mr ashwin

What is the journal entry to take up salaries?

For business concern entry is:[Debit] salaries expense[Credit] Cash / bankFor personal concern:[Debit] Cash / bank[Credit] salary income

What is the journal entry for the outstanding salary paid?

debit salary payableCredit cash / bank

Journal entry to write off old outstanding checks?

Debit bankCredit retained earnings

What is journal entry of outstanding income?

Outstanding income a/c CR to Customer a/c Dr

What is the journal entry for outstanding wages?

debit wages expensescredit wages payable

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