Which account is debited while doing the journal entries related to salaries paid to employees?
Employee`s account
Cash account
Salary account
None of the above
Salary is always recorded through salary account & not employee`s personal account.
Salary paid was debited to the employee’s personal account, the rectification entry would be to debit the ___ Account.
Rectify the following errors:
(a)
Salary paid Rs 5,000 was debited to employee’s personal account.
(b)
Rent Paid Rs 4,000 was posted to landlord’s personal account.
(c)
Goods withdrawn by proprietor for personal use Rs 1,000 were debited to sundry expenses account.
(d)
Cash received from Kohli Rs 2,000 was posted to Kapur’s account.
(e)
Cash paid to Babu Rs 1,500 was posted to Sabu’s account.