as we are working in erp jd edwards in this the company
gives advances to their employee for expenses n receives the
amount either by cash or receives the same by deducting the
salaries
wt type of accounting entry will be passed

Answers were Sorted based on User's Feedback



as we are working in erp jd edwards in this the company gives advances to their employee for expens..

Answer / priyanka

employees a/c dr
cash a/c cr.
salaries a/c cr

Is This Answer Correct ?    7 Yes 3 No

as we are working in erp jd edwards in this the company gives advances to their employee for expens..

Answer / dixit

Loans & Advances a/c Dr. ***
To cash a/c cr. ***

Is This Answer Correct ?    0 Yes 0 No

as we are working in erp jd edwards in this the company gives advances to their employee for expens..

Answer / anjali dev

at the time of advance giving
employee dr. and cash cr.
at the time of receiving
cash dr. employee cr. OR
employee dr. cash dr. salary cr

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting General Interview Questions

1. What do u mean by custom duty? 2. How can u prepare Salary Statement in Company? 3. how much amount will pay to a cotractor through T.D.S ?

1 Answers  


What is Journal Entry for Booking & paid Telephone Expenses.

10 Answers  


How to pass entry in tally for payment of vat penalties?

1 Answers  


"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.

0 Answers  


how do we pass the Entry for Reserves? and What is the Meaning of Surplus?

1 Answers  






What is GL Master Maintanance

0 Answers  


Explain Sundry Debtors and Sundry Creditors.

17 Answers   SVE Drilling Tools,


TDS %AGE ON CALLIBRATION CHARGES BILL

0 Answers   Milestone,


Why are accounting standards necessary?

0 Answers  


How to pass an general entry for materials which are stored in warehouses??????

0 Answers   General Motors GM,


Please tell me that whose are liable to pay the TDS?

2 Answers   Banking,


Discount on issue of debentures is a __________ (a) Revenue loss to be charged in the year of issue (b) Capital loss to be written off from capital reserve (c) Capital loss to be written off over the tenure of the debentures (d) Capital loss to be shown as goodwill

3 Answers  


Categories