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Mr.X working in an organization,He as taken to salary advance 10,000 on 15/1/2016.He total salary payed on 30,000 5/2/2016?
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Answer Posted / faisal iqbal
Cash or bank a/c dr 10000
to organisation a/c cr 10000
(Being salary received in advance)
Cash or bank a/c dr 20000
Advance salary a/c dr 10000
To organisation a/c cr 30000
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The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
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