What is the entry pass if we are given to advance for
employee?
- 5 Answers
- 6419 Views
- I also Faced
- E-Mail Answers
Answer Posted / suri.9393647338
When advance is paid the entry is..
prepaid salary A/c Dr
to cash /bank A/c
(Being salry Advance paid for the month of ***.).
When the payment of actual salary the entry is..
salry A/c Dr
to prepaid salry A/c
| Is This Answer Correct ? | 5 Yes | 2 No |
Post New Answer View All Answers
What is meant by public accounting?
how to caluclate tds from emloyees and others
i want to wearies heads under direct expenses and indirect expenses
How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.
What is liabilities and what all does include in current liabilities?
Why is it necessary to prepare Asset Disposal Account?
hai! i am a BE(computer science) graduate with 54% of aggregate looking for bank clerk job? in interview they are asking why are you looking for a bank job and what guareente that once you are selected ? plz guide me?
how many view the tally backup erp9 after the tally backup in tally
rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
I m entering much more than 500-700 sales vouchers per month. But I m getting a problem while entering sale voucher is that If I have entered a sale voucher in the middle of a date then the voucher no is being changed. So how can enter a sale voucher in the middle of a date so that i can adjust the voucher nos from changing.
Why you want to change???
In accounting, vat abbreviates what?
Discuss the consistency concept in accounting
Tell me what does the investment of personal assets by the owner will do?
What is the difference in accounting and marketing and what is so different about them?
