Answer / nitesh chaubey

profit & loss A/c .. ..Dr.
To salaries pay in advance A/c..
(being salaries payed in advance ....... rs.)

Answer / sonu sharma (ca-final)

journal
Salary A/c Dr 25000
To Employee A/c 25000
(Being Salary Due)

Payment......
Advance Salary A/c Dr 10000
To Cash A/c 10000
(Being Advance Salary Paid)

Payment.........
Employee A/c Dr 25000
To Advance Salary A/c 10000
To Cash A/c 15000
Being Salary Paid)

Answer / sandeep

journal Entry is........

Salaries a/c ... Dr
To salary Advance a/c..


Payment Entry is.........

Salary payable a/c... Dr
To Salaries a/c..

Answer / bijoy

salary advance a/c Dr.(under 'loans and advances' asset)
To, cash a/c

Answer / kittu

advanced salary a/c Dr
To Bank a/c

Answer / lucky

salary advance a/c DR 1000
TO cash a/c 1000

Answer / aditya panigrahi

If Total Salary is 10,000/-
And Advance 5,000/-
Balance Payble Amt. 5,000/-
Then Entry Pass on Tally
1. Payment Voucher
Salaries A/c . Dr 5,000/-
to Cash / Bank A/c 5,000/-
2. On Payble Time Pass Entry on Payment Voucher
Saries Payble A/c Dr. 10,000/-
to Loan & Advacne A/c Cr. 5,000/-
to Csh / Bank A/c Cr. 5,000/-

Answer / mohammed

Salary 10000
Paid in advance 2000

Salary Advance A/c Dr 2000
Cash 2000
When Paying Salary deduct advance with Simple entry is

Salary Account Dr 10000
To Cash 8000
To Salary Advance 2000

Salary Advance account will get knocked off.

Answer / mohammed sawaz sharief

FOR SALARY PAID IN ADVANCE ENTRY IS

SALARY A/C DR (UNDER HEAD INDIRECT EXPENSES)
TO SALARY PAID IN ADVANCE A/C (UNDER LOAN AND ADVANCES)

Answer / suhail

first entry
salary advance a/c Dr 5000
cash/bank a/c Cr 5000
next entry
salary a/c Dr 20000
salary advance a/c Cr 5000
cash/bank a/c Cr 15000

What do you mean by trial balance?

5 Answers  

i want to know f form and how to use and how can purchase

0 Answers  

When we received payment from creditors

0 Answers  

tell me the best way to minimize the cost of a company?

5 Answers  

Honda car dr 11556 purchase 25/08/2010 to bank cr 4100 to loan cr 7456 Installment paid upto 31/7/2012 @ 207/-pm (total 4761/-) Loan Bal. 2695/- Car was cancelled due to accident in June-2012. Finance company refunded 6656/-(15/08/2012) Total accumulated depreciation was 5202.318. what will be the Car write-off entry..??

2 Answers  

calculations of income tax & tds

1 Answers  

What is the entry of Bank Cheque Dishoner? Recieve the cheque from SBA Enviro Pvt. Ltd. on dated 5 Jan2012 of Rs.500000/-. It will be dishonered on dated 10Jan2012.

1 Answers  

what is difference among credit, loan, advance

0 Answers  

Time limit for payment of divident for listed limited companies & Unlisted public limited companies are? 30 or 45 or 60 or 90

0 Answers   UPSC,

Are all employess of Embassies and World Bank in India are exempt form paying service tax for personal and offical use of the services or only Dimplomats in case of Embassies and Selected emplyoees of World Bank are exempt from payeing Service Tax for personal/offical use

1 Answers  

Suppose salary of march paid in april then what are the entries to be made in Tally in march and april and salary payable ledger to be created under which group? and salaries to staff ledger to be created under which group? What will be the journal voucher entry and payment voucher entry?

1 Answers   TCL,

A company primarily operating from own land, takes on rent building for staff quarters. Whether rent paid on such staff quarters qualifies as capital investment?

0 Answers