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 / pawan
Salary a/c Dr. 20000.00
Raman's Advance a/c Cr. 7500.00
Cash / Bank a/c Cr. 12500.00
As on 1st April The Advance will be Rs. 27500/-
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