Question
Download Solution PDFThe salary paid to a clerk Ramesh should be credited to:
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Cash Account.
Key PointsSalary - A salary is a set sum that is given to an employee on a regular basis regardless of the number of hours or volume of work completed.
Important Points Journal Entry on salary paid to Ramesh by Cash -
Particulars | Dr. | Cr. |
Salary A/c Dr. | xxx | |
To Cash A/c | xxx | |
(being salary paid to Ramesh ) |
Thus, The salary paid to a clerk Ramesh should be credited to Cash account.
Last updated on May 6, 2025
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