Salary outstanding in the begninig of …

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Salary outstanding in the begninig of the accounting year is 8000 and prepaid at the begining is 6000 . What is the cash paid towards salary during the year if amount of salary debited to income and expenditure A/c is 70000 .
Posted by Priyanka Verma 5 years, 10 months ago
- 4 answers
Aman Kumar 5 years, 10 months ago
70000
less: outstanding at beginning 8000
62000
add: advance at beginning 6000
amount to be debited in income & expenditure a/c 68000
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Priyanka Verma 5 years, 10 months ago
0Thank You