Answer / nitesh chaubey

profit & loss A/c .. ..Dr.
To salaries pay in advance A/c..
(being salaries payed in advance ....... rs.)

Answer / sonu sharma (ca-final)

journal
Salary A/c Dr 25000
To Employee A/c 25000
(Being Salary Due)

Payment......
Advance Salary A/c Dr 10000
To Cash A/c 10000
(Being Advance Salary Paid)

Payment.........
Employee A/c Dr 25000
To Advance Salary A/c 10000
To Cash A/c 15000
Being Salary Paid)

Answer / sandeep

journal Entry is........

Salaries a/c ... Dr
To salary Advance a/c..


Payment Entry is.........

Salary payable a/c... Dr
To Salaries a/c..

Answer / bijoy

salary advance a/c Dr.(under 'loans and advances' asset)
To, cash a/c

Answer / kittu

advanced salary a/c Dr
To Bank a/c

Answer / lucky

salary advance a/c DR 1000
TO cash a/c 1000

Answer / aditya panigrahi

If Total Salary is 10,000/-
And Advance 5,000/-
Balance Payble Amt. 5,000/-
Then Entry Pass on Tally
1. Payment Voucher
Salaries A/c . Dr 5,000/-
to Cash / Bank A/c 5,000/-
2. On Payble Time Pass Entry on Payment Voucher
Saries Payble A/c Dr. 10,000/-
to Loan & Advacne A/c Cr. 5,000/-
to Csh / Bank A/c Cr. 5,000/-

Answer / mohammed

Salary 10000
Paid in advance 2000

Salary Advance A/c Dr 2000
Cash 2000
When Paying Salary deduct advance with Simple entry is

Salary Account Dr 10000
To Cash 8000
To Salary Advance 2000

Salary Advance account will get knocked off.

Answer / mohammed sawaz sharief

FOR SALARY PAID IN ADVANCE ENTRY IS

SALARY A/C DR (UNDER HEAD INDIRECT EXPENSES)
TO SALARY PAID IN ADVANCE A/C (UNDER LOAN AND ADVANCES)

Answer / suhail

first entry
salary advance a/c Dr 5000
cash/bank a/c Cr 5000
next entry
salary a/c Dr 20000
salary advance a/c Cr 5000
cash/bank a/c Cr 15000

What are the most important goals of accounts receivable?

0 Answers  

bonus provision entry

1 Answers   Al-Barrak,

How the Depreciation will calculate in Company?

0 Answers  

our company purchased a used Forklift car. it is 6 year old. since it has reached its depreciated value, do i need to take it as a Fixed Asset? or just book it as an expense ?

1 Answers  

Explain financial accounting.

0 Answers  

Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy

0 Answers  

what is use of cost center category in tally ? why & when use this ? what is benfit ?

0 Answers  

An estimate of assets and liabilities on a given date a)Balance sheet b)statement of affairs c)statement of assets d) statement of liabilities

2 Answers   APCPDCL,

CAN C FORM AND F FORM BE ISSUED FOR SAME JOB WORK CONTRACT CONSIGNMENT

0 Answers  

Is buy or sale trade will impact on Nov? Yes/No Please explain.

0 Answers   Northern Trust,

if the chq is dishonored which entry will be passed???????? give example entry

4 Answers  

wat is auto accounting

1 Answers   Meru Cabs, TATA,