CA - Inter BIlling Executive
37 Points
Joined April 2013
Salary Is a Nominal Account.
The Rule Says, Debit All Expences & Losess, Credit All Incomes & Gains,
So, you will have to debit All the expences of the company of which the employee is receiving.
& credit all incomes of the company, or the employee is paying to the company so the entry as follows.