what is entry for salary advance? salary entry mentioned by
Indusial name
Answers were Sorted based on User's Feedback
The Accounting Entry for Salary Advance would be as
follows:-
Salary Advance Dr
To Cash/ Bank A/c
being Salary advance paid to Mr.ABCD
Salary A/c Dr
To Salary Advance A/c
To Cash/ bank (With the Amount remaing after adjusting
the advance already taken)
*NOTE: - It is adviseable not to create an account in the
name of the employ while paying advance. you can use the
Narration of the Journal entry to mention the name of the
employee to whom the advance was paid.
| Is This Answer Correct ? | 4 Yes | 1 No |
Definition of push down accounting
if my salary is 12000 per month how much i will get after deducting PF an ESI
What is the entry pass if we are given to advance for employee?
FROM WHERE I WILL GET PREVIOUS QUESTION PAPER OF JUNIOR ACCOUNTS OFFICER TEST OF B S N L
will preference share holders will have voting right?wat is difference between eqity holders and preference share holders
Any income which is earned in the financial year(2009-10) but received in the assessment year(2010-11) wil be taxable or not?
i have selected jr. accountant/ auditor in ssc graduate level 2008 scheme b. but i have not yet received deptt. memo and also appointment letter. when it will be come??? how much time???
Plz Ask from me New Accounting Questions.
what is accural
What is the accrued interest & how the entry will be passed for the same
How to pass entry in Tally erp 9
If closing stock is given in adjustments, how we show in tally 9.0 ?