Select the appropriate alternative from the alternatives given below and rewrite the statement. The amount of salary paid to Mandar should be debited to _____________. a. Salary a/c b. Mandar's a/c c. Cash a/c d. Bank a/c
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Solution
Option A is Correct.The amount of salary paid to Mandar should be debited to salary account. Salary account is a type of nominal account. If salaries are paid to employees, then salary is an expense and hence salary account shall be debited.