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
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Answer Posted / pradeep giri
Ratan (salary a/c) dr. 20000
To Advance to Emp.(Loan & Lia.Assets) 7500
To cash A/c 12500
As on Ist April The Salary Advance WIll Be :27,500/-
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