Greeting For the Day.
What would be entry in books of accounts, If salary of employees paid for proprietor capital a/c ?
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Salary entry from capital a/c
Replies (4)
What salary entry from capital is required?
How can we pay anything from capital account ? it must be paid from bank acc...in case if your bank no balance and if proprietor brings money then
Bank or cash Dr
to capital acc cr
then
salary acc Dr
to bank cr
Bank or cash Dr
to capital acc cr
then
salary acc Dr
to bank cr
What happened if Bank closed company account with out notice
Open other account and pay
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