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10000 Salary paid for the month of Dec 2015. What entry will pass in GL?

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Question added by Majid Wangade , Senior Accountant , KANTOUR LIMITED COMPANY ( Real Estate, Construction and Asset Management )
Date Posted: 2016/03/06

Debit To Salary Account (If salary with the name of person will debit with the name account or salary account) 

 

Credit to Cash/ Bank/ Whatever  throgh we paid

 

Best Regrads

Naveen

obada issa
by obada issa , Inspection , Palestine Monetary Authority

   31. Dec  

Dr. salary expanse

       Cr, bank , cash

or if you use accrual  basis

31.Dec 

Dr. salary expanse 

        Cr. salary payable 

when you paid the amount 

2,Feb 

Dr, salary payable

     Cr, bank , cash

EPARI AJIT KUMAR
by EPARI AJIT KUMAR , Site Manager , ACME Solar Holdings Limited

Salary Expenses Account (Dr.) - 10,000

Bank/ Cash/ Other mode of Payment Account (Cr.) - 10,000

 

 

 

Imad Eldin  Mohamed Elbagir Mohe Eldinn Mohamed
by Imad Eldin Mohamed Elbagir Mohe Eldinn Mohamed , Accounts Payable and Receivable Manager , AL-ARRAB CONTRACTING CO

Debit  / Accrued salaries

Credit  /  Cash/ Bank

MUHAMMED SHAMEEM CPP CIPS
by MUHAMMED SHAMEEM CPP CIPS , Senior Procurement Officer , Power International Holding

Dear , 

 

the entry will be ,

 

Dr-Salary A/C   

Cr-Cash / Bank  A/C 

 

 

Ayman Ghubish
by Ayman Ghubish , Financial Development Manager , Aldiri for catering and supplies

Dr : Accrued Salaries

Cr : Cash/ Bank 

Regards,

Anne Christine Hernandez
by Anne Christine Hernandez , Finance Secretary , Atana Hotel FZ L.L.C.

Debit-Name of Employee Credit-Cash/Accounts Payable

Paul Martin
by Paul Martin , Sr. Payroll Administrator & HR Generalist , RAK BANK

Debit Staff Salary expense a/c  10k

Credit Staff Bank a/c 10k

Deleted user
by Deleted user

Debit salary A/C- SAR 10,000/-

Credit employee A/C - SAR 10,000/-

Muhammad Zubair
by Muhammad Zubair , SENIOR ACCOUNTANT , KANTAR SAUDI ARABIA COMPANY LTD.

Salary A/C                         Dr   10,000

Cash / Bank  A/C                  Cr                      10,000

asim farooq
by asim farooq , Senior Accountant , Fatima Memorial System

Salaries expense a/c (dr) & bank or cash in hand A/c (cr)