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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 rent expense a debit or credit?
debit
Is Insurance Expense credit or debit?
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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