About salary entry
This query is : Resolved
18 March 2016
If the firm gives salary to employees.How I make entry in tally?
I have made the following entry:
DATE 30-4-2015 journal
Dr Salary A/c 5000
Cr Salary Payable A/c 5000
DATE 2-4-2015 payment
Dr Salary payable A/c 5000
Cr Cash 5000
is it correct?
I have made the following entry:
DATE 30-4-2015 journal
Dr Salary A/c 5000
Cr Salary Payable A/c 5000
DATE 2-4-2015 payment
Dr Salary payable A/c 5000
Cr Cash 5000
is it correct?
18 March 2016
Yes, you are correct.
Regards
Pradeep Kumar
Regards
Pradeep Kumar
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