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What is the entry pass if we are given to advance for
employee?
- 5 Answers
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Answer / darbar143
employee to debit & advanced to ecployee to credit
| Is This Answer Correct ? | 6 Yes | 3 No |
Answer / 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 |
Answer / amit kumar tiwari
Employee Account Dr.
to Cash/bank
(Being Amount paid as advance Mr/Ms..............)
| Is This Answer Correct ? | 2 Yes | 1 No |
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