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What is the journal entry for the outstanding salary paid?

Anonymous

∙ 12y ago

Updated: 4/28/2022

debit salary payable
Credit cash / bank

Wiki User

∙ 10y ago

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What is journal entry of outstanding expenses paid?

[Debit] Outstanding expenses [Credit] Cash / bank

What is the Journal entry for outstanding rent paid?

outstanding rent

What is the journal entry of salary paid?

debit salary expensecredit cash

What is the journal entry of salary paid to ram?

debit salary expensecredit cash

What is the journal entry for Advance Salary paid to ram through Bank?

advance salary a/c dr to cash

Related Questions

What is journal entry of paid salary?

debit salary expensecredit cash

What is journal entry of outstanding expenses paid?

[Debit] Outstanding expenses [Credit] Cash / bank

What is the Journal entry for outstanding rent paid?

outstanding rent

What is the journal entry for salary not paid?

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

What is the journal entry of salary paid?

debit salary expensecredit cash

What is the journal entry for salary payable and what when salary is paid to him?

Salary payable A/c Dr 5000 To Cash Cr 5000

What is the journal entry salary paid?

debit salary expensecredit cash

What is the journal entry of salary paid to ram?

debit salary expensecredit cash

What is the journal entry for Advance Salary paid to ram through Bank?

advance salary a/c dr to cash

What is the Journal entry of salary paid to employee?

The journal entry for salary paid to an employee typically involves debiting the Salary Expense account and crediting the Cash or Bank account. For example, if an employee is paid $3,000, the entry would be: Debit: Salary Expense $3,000 Credit: Cash/Bank $3,000 This reflects the expense incurred for employee compensation and the reduction of cash or bank balance.

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 entry of outstanding salary paid?

[Debit] Accrued salary payable [Credit] Cash / bank

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