What will be the general entry for advance salary given?

Answers were Sorted based on User's Feedback



What will be the general entry for advance salary given?..

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

What will be the general entry for advance salary given?..

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

What will be the general entry for advance salary given?..

Answer / aman

prepaid salary a/c dr
to salary a/c
(being salary paid advance)

Is This Answer Correct ?    1 Yes 2 No

Post New Answer

More Accounting General Interview Questions

What do you mean by deffered expenses?

1 Answers   American Express,


whom can deduct the TDS?

6 Answers  


Ledger

2 Answers   Bank Of America,


Plant and machinery destroyed for 50000

0 Answers  


If we maintain inventory then if proprietor take the some goods for personal Use then how to we do entry

3 Answers  






what is accounts payable ..what is accounts receivable

2 Answers  


previous year tax adjustment (i.e. short/excess provision) on completion of its assessment in current year should be shown in p&l a/c or p&l appro.a/c?

1 Answers  


wate is the TDS

5 Answers   LG Soft,


In the balance sheet, where do you show tds?

0 Answers  


A company has not deposited TDS since April 2010 till 31-12- 10. TDS amount is around 3.00 Lacs per month u/s 194c,J and 1.00 U/s 192. Can any one tell concequences and chart in excel sheet how much to be deposited as on 31.12.2010 with interest. For each quarter - whether interest calculation is separate or to take it cumulative. pls explain with qanswers and hoe much panely , interest to be paid till 31.12.2010 also inform the status of tds certificates to be issued and panelty for the same for late issuance. i.e what shud be the date of issuing the certificates to public & empoloyees.

1 Answers  


sir i am working in construction company.we have more than one projects.i enter the attendance projectwise in payroll.if payroll autofill i want project wise salaries not overall

0 Answers  


Explain me have you ever heard about tds, what it is?

0 Answers  


Categories