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as we are working in erp jd edwards in this the company
gives advances to their employee for expenses n receives the
amount either by cash or receives the same by deducting the
salaries
wt type of accounting entry will be passed

Question Posted / abc

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as we are working in erp jd edwards in this the company gives advances to their employee for expens..

Answer / priyanka

employees a/c dr
cash a/c cr.
salaries a/c cr

Is This Answer Correct ?    7 Yes 3 No

as we are working in erp jd edwards in this the company gives advances to their employee for expens..

Answer / dixit

Loans & Advances a/c Dr. ***
To cash a/c cr. ***

Is This Answer Correct ?    0 Yes 0 No

as we are working in erp jd edwards in this the company gives advances to their employee for expens..

Answer / anjali dev

at the time of advance giving
employee dr. and cash cr.
at the time of receiving
cash dr. employee cr. OR
employee dr. cash dr. salary cr

Is This Answer Correct ?    0 Yes 0 No

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