Raman site engineer joined on 1-1-2009 in the company with
an agreed salary of Rs 20000/-. On the joining date he was
given advance of Rs 50000/-agreeing for adeduction of Rs
7500/- for month from salary. Pass salary entry till
March,and let me know the advance balance as on 1st April

Answer Posted / a.madhu sudhan rao

Salary a/c Dr.20,000
TO Salary Advance 7500
TO cash 12500


As on Ist April The Salary Advance WIll Be :35,000/-

Is This Answer Correct ?    3 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how to maintain stock if any entry mismatch pllzz tell me short cut

1057


A Customer has a MNC which has a Unit in USA , All use Same Operation Chart of A/c but they also want local reporting for USA unit .What should they do ? Optons : Use Group chart of account & Group a/c no * Use Group a/c no & Alternative a/c no.2 Use Country Specific Chart of A/c

1623


what are the accounting ratios

1978


what is Ratio Analysis ?

1809


my qustion is what is H foam and where use

1382






how enter service bill in the tally and what is the process of service bill. aganst service charge @ 10.3%, sercharge 2% cess 1%

2107


SOUTH ATLANTIC OIL AND GAS INC.is a fraud company

1615


What z d diff of accounting principle,accounting standard,accounting rules,accounting procedures,accounting concepts??????

1875


which Electrical items is Exciseible

1817


total capital stock

1635


business sepsarate entity concepts

1408


Entrance Exam question & Answer required

1502


Examples of automatic generated content material of car logbook loans?

1328


what are Blue-Chip companies?

1657


helo sir, i want to know the writen exam pattern for finance and accounts ang general apptitude test of ongc.

1586