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we are paid advance to employee Rs.5000 for TADA. After Trevelling employee return Rs.500. please pass journal entry
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Answer Posted / vishnumurali
At the time of Avance
Cash A/c Dr.... 5000.00
To,Employee Advance A/c 5000
At the time of return
Expenses A/c Dr 4500.00
Cash A/c Dr 500
To,Employee Advance :5000.00
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