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References

Mukharji, A., & Hanif, M. (2003). Financial Accounting (Vol. 1). New Delhi: Tata McGraw-Hill Publishing Co.

Narayanswami, R. (2008). Financial Accounting: A Managerial Perspective. (3rd, Ed.) New Delhi: Prentice Hall of India.

Ramchandran, N., & Kakani, R. K. (2007). Financial Accounting for Management. (2nd, Ed.) New Delhi: Tata McGraw Hill.

4 Comments

  1. pauledward

    cash
    director’s advances
    salary expenses
    cash

    Reply
    • asil hussain

      staff salary a/c dr

      to drawings a/c cr

      Reply
  2. victor

    What will be the journal entries when a Director pays staff salary from his personal Bank Account?

    Reply
    • asil hussain

      staff salary a/c dr

      to drawings a/c cr

      Reply

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