Payment of salaries to employees should be debited to ___.
Employees`s personal account
Salary Account
Profit & Loss Account
Expense Account
Salary account is debited in case of payment of salaries to employees.
Which account is debited while doing the journal entries related to salaries paid to employees?
Will you transfer wages and salaries account to the debit of profit and loss account ? Why?
Salary paid was debited to the employee’s personal account, the rectification entry would be to debit the ___ Account.