paid salary in advance to surjeet​

Answers 2

Answer:

The amount of Prepaid salary is deducted from salary and shown on the debit side of the profit and loss account. It is further shown under the head current asset in the balance sheet. Hence prepaid salary (or) salary paid in advance is treated as adjustment entry.

Explanation:

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Answer:

paid salary in advance to surjeet was 2500₹

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