Interested to Buy Any Domain ? << Click Here >> for more details...
Advance paid to Employee 1000$. Employee incurred expenses
of 800$ and he returned 200$. What is the Accounting Entry?
- 5 Answers
- 10262 Views
- Infogain, I also Faced
- E-Mail Answers
Answer Posted / venkatesh
for prepaid expences
prepaid expences....D/r
TO cash
for employee expences
employee exp a/c........D/R
To liability
adjustment of prepayment
liability......D/R
To prepayment
for receiving remaining
cash....D/R
To liability
| Is This Answer Correct ? | 4 Yes | 4 No |
Post New Answer View All Answers
What kind of necessary ap information you gather from the client?
explain your project plan with exam pal? i am preparing inter view .............
I am traying to access oracle functiona/ technical interview questions asked by the consultancy "infosys", but i cant find anything when i go the to the links, i need the oracle erp techno functiona questions pls, Thanks, in advance Tovia
what is the steps to customization ?
payment types and payment methods.
can we define 2 different currency revaluation at a time??
There is employee X and employee Y (who is supervisor of X); when Y submits expenses how will the system ensures that this should not go to X even if he has the approval authority.
What is gap analysis, what are the pre-requisities?
While assigning the security by book in oracle assets..i am unable ot get the asset org in security profile form.This asset org was already defined in org description window.
what is the difference between bonus reserve and bonus expense
I have a requirement where during the consolidation into USD (from GBP books) I want use two different exchange rates for two consolidations. Child SOB is same but the Parent SOB's are different. How can this be done in Oracle Financials? Answers will be Appreciable. Thank You.
What is the Invoicing System in Oracle R12
Provide an overview of AR cash receipt processing.
What is multi org? What is difference between 11i and 12i multi org structure?
How do you adjust receivables?
