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gopika sivaperumalAnswer for this ques is Salaries A/C Dr. To purchase A/C How? Pls ð??? explain
Employee a/c Dr 1,00,000 To sales a/c. 75,000 To profit on sales. 25,000 Salary a/c dr 75,000 To sales a/c. 75,000 This above journal entry is exact one
sai t
Employee a/c Dr 1,00,000 To sales a/c. 75,000 To profit on sales. 25,000 Salary a/c dr 75,000 To sales a/c. 75,000 This above journal entry is exact one
Bro I think it's wrong bro y should we credit sales 2 times ?
Meda Jeevansai
Bro I think it's wrong bro y should we credit sales 2 times ?
because price is great than cost price so sales If it is less than cost price then Salaries a/c dr To purchase a/c Remaining Amount is profit (1,00,000-75,000) is transferred to employees
Meda Jeevansai
Bro I think it's wrong bro y should we credit sales 2 times ?
2 entry by using matching concept