Answer / dsrn murthy

The Accounting Entry for Salary Advance would be as
follows:-

Salary Advance Dr
To Cash/ Bank A/c
being Salary advance paid to Mr.ABCD

Salary A/c Dr
To Salary Advance A/c
To Cash/ bank (With the Amount remaing after adjusting
the advance already taken)

*NOTE: - It is adviseable not to create an account in the
name of the employ while paying advance. you can use the
Narration of the Journal entry to mention the name of the
employee to whom the advance was paid.

Answer / manoj gupta

indiual a/c .....dr
to advance a/c

on what rate depreciation will be calculated?

0 Answers   Amazon,

---

describe any accounting process that you have developed or revised

0 Answers  

---

1- Can ledger make without journal?

1 Answers  

---

IFRS and its applicability in India

2 Answers   CA,

---

Dear sir, please tell me how to calculate p.f ( provident fund)?

4 Answers  

---

---

What is rate & taxes in Accounting. when we make a journal entry like rate & taxes debit & party credit. So i want to guide me consider for rate & Taxes.

0 Answers   Kiwi Foods,

---

What is the Rate of VAT applicable on Electronic & Electrical goods?

6 Answers  

---

what is prudence

2 Answers  

---

is depreciation a fictious assets?

2 Answers  

---

why the accounts as personal real and nominal

2 Answers  

---

how to get a job in stock markets for MBA-FINANCE?

0 Answers   ME,

---

what is bill payable?

3 Answers  

---