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What will be the double effect …

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What will be the double effect of salary . The one effect is it is credited to balance sheet and other???

    • Posted by Aman Talreja 5 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Vivek Kumar Pandey 5 years, 10 months ago

    Credited to the employee salary account and debited to the profit and loss account as it is cash expense of the company

    0Thank You

    Khushi Varshney 5 years, 10 months ago

    what credited to b/s. it's debited to p&l a/c and credited to cash a/c

    0Thank You

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