What will be the general entry for advance salary given?
Answers were Sorted based on User's Feedback
Answer / mlv
Salary Advance A/c ...............dr
To Bank A/c
When Adjusting of salary advance.
salary A/c.............dr
To Salary advance A/c.
Is This Answer Correct ? | 13 Yes | 3 No |
Answer / chandan
salary loan/advance a/c..................dr
To. Bank/cash A/c
(adjustment of advance/loan from salary)
salary A/c ..............................Dr
To Salary loan/advance A/c
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / aman
prepaid salary a/c dr
to salary a/c
(being salary paid advance)
Is This Answer Correct ? | 1 Yes | 2 No |
In our company we are making payment through X bank and again we opened a new account in Y bank and we deposited cash in this bank rs.10000.and cash is used from X bank. then what will be the entry & how to adjust with old bank
ABC LTD PURCHASE GOODS FROM XYZ LTD OF Rs.400000/- BUT DURING THE TRANSPORTATION ALL GOODS ARE DESTROYED.ACCORDING TO AGREEMENT INSURENSE CO. PAID 75% OF DESTROYED GOODS TO SELLER. WHAT WILL BE JOURNAL IN BOTH PERSON ACCOUNT.
What are the accounting entries for branch accounts?
what is abnormal loss???
we deposited securoty to a party and now due to us interest amount then party deduct TDS on interest but we not recive cash or in bank he credited our account in his books so what will be the journal entries in our's books.
what is casual receipt? is it exmpted in income tax?
what is meaning of npv(net present value)
What is trade finance
3 Answers Barclays, IBM, Manufacturing,
if issue the share capital what is entry pass the journal
What is amortization..? Any examples pls..?
What was your most complicated sales cycle in past positions?
If Pass book & Cash Books Balances are showing same so are you need to BRS ?