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Salary entry from capital a/c

A/c entries 645 views 4 replies

Amit

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 ?

Replies (4)

sabyasachi mukherjee

Profession Business

28207 Points Posted on 29 April 2022

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

Amit

Accounts

528 Points Posted on 30 April 2022

What happened if Bank closed company account with out notice

Laxmi Kudire

140 Points Posted on 30 April 2022

Open other account and pay

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