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What else can I help you with?
Is salary considered a debit or credit?
credit
Is salary expense a debit?
it is a credit
What entry of outstanding salary paid?
[Debit] Accrued salary payable [Credit] Cash / bank
What is Journal entry of salary advance?
salary advance a/c Dr To casha/c salary advance a/c Dr To casha/c
What is the journal entery for salary paid advance to mr A?
debit salary paid in advance creidit mr.a a/c
Journal entry for income paid in advance?
Though I honestly never heard of a company paying a Salary in advance, the journal entry would be:Prepaid Salary (debit) $$$$Cash (credit) $$$$It would be like paying any other expense in advance, such as rent expense, insurance expense etc. You would debit a prepaid account for the amount while crediting your cash. Once the Salary is earned you would adjust the entry by Debiting Salary Expense and Crediting Prepaid Salary.
What is salary expense debit or credit?
You are a homosapien
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 of rent recieved in advance?
cash debit rent in advance credit
What is the journal entry for salary not paid?
[Debit] Salary Expense xxxx [Credit] Salary payable xxxx
Is Drawings income normally credit or debit?
While it's a credit to your account, it's a debit to the Salary & Remuneration account of your Employer.
