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Question
What is the journal entry for unpaid salary?
What is the journal entry for unpaid salary?
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Solution
Unpaid salary is regarded as an outstanding expense. The journal entry for unpaid salary or salary outstanding is as follows:
Salary A/c Dr.
To Salary Outstanding A/c
Also read:
Learn about more questions and answers on business studies and various other commerce topics from our website.
Unpaid salary is regarded as an outstanding expense. The journal entry for unpaid salary or salary outstanding is as follows:
Salary A/c Dr.
To Salary Outstanding A/c
Also read:
Learn about more questions and answers on business studies and various other commerce topics from our website.
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