The salary paid to a clerk Ramesh should be credited to:

This question was previously asked in
UP TGT Commerce 2019 Official Paper
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  1. Ramesh's Account
  2. Salary Account
  3. Cash Account
  4. Profit and Loss Account

Answer (Detailed Solution Below)

Option 3 : Cash Account
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UP TGT Hindi FT 1
125 Qs. 500 Marks 120 Mins

Detailed Solution

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The 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.

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