Adjustment

Accountancy

â??Loan given to employee but debit to salary account. what's the adjustment entry for this??

Rishi jain

CA Final

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16-Mar-22 18:28

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Answers (4)

Best Answer

Wrg entry: Salary ac dr To cash Crt entry: Loan to employee ac dr To cash Rectification entry: Loan to employee ac dr To salary

Mala Ca

CA Final

★ 23K+

16-Mar-22 20:14

U mean rectification entry?

Mala Ca

CA Final

★ 23K+

16-Mar-22 19:35

Mala Ca

U mean rectification entry?

Ya rectification Then right entry

Thread Starter

Rishi jain

CA Final

★ 1K+

16-Mar-22 20:11

Mala Ca

Wrg entry: Salary ac dr To cash Crt entry: Loan to employee ac dr To cash Rectification entry: Loan to employee ac dr To salary

Thanks for replyð???

Thread Starter

Rishi jain

CA Final

★ 1K+

16-Mar-22 20:15