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Salary entry from capital a/c

A/c entries 654 views 4 replies
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Accounts
528 Points Posted on 29 April 2022

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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On 29 April 2022 at 17:13 Report
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Profession Business
28207 Points Posted on 29 April 2022
What salary entry from capital is required?
44 Reply
On 29 April 2022 at 18:16
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140 Points Posted on 30 April 2022
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
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On 30 April 2022 at 15:07
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Accounts
528 Points Posted on 30 April 2022
What happened if Bank closed company account with out notice
2 Reply
On 30 April 2022 at 15:09
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140 Points Posted on 30 April 2022
Open other account and pay
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On 30 April 2022 at 18:07


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