Interested to Buy Any Domain ? << Click Here >> for more details...
How do I pass entries towards advance paid to program ependiture. ex: Rs.20000 advance paid to Program officer. and he come back with program expenses venue Rs.1000, food expenses Rs.10000 and travel Rs.4000 and accommodation Rs.6000. Kindly give me the answer that how do I pass the entries and how should I adjust advance.
- 3 Answers
- 4270 Views
- Communication for Development and Learning, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / vishalgoel88@yahoo.com
At the time of Advance
Employee advance a/c dr...... 20000
TO Cash a/c..... 20000
To record the expenses
Venue expenses a/c dr... 1000
Food expenses a/c dr...... 10000
Travelling expenses a/c dr.... 4000
Accommodation expenses a/c dr.... 6000
To Employee advance 20000
To Cash 1000
(Actual expenses were more than the advance, the employer would have to reimburse the employee.)
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / vadlamani srinivas
How do I pass entries towards advance paid to program ependiture. ex: Rs.20000 advance paid to Program officer. and he come back with program expenses venue Rs.1000, food expenses Rs.10000 and travel Rs.4000 and accommodation Rs.6000. Kindly give me the answer that how do I pass the entries and how should I adjust advance.
By program exp 1000 dr
By food exp 10000 dr
By travel exp 4000 dr
By lodging exp 6000 dr
to programme officer adv 20000 cr
total 21,000 20000
cr balance Rs:1000/- we should pay programme officer
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / priyanka
programe expenses dr 200000
To bank CR 20000
under the advance payment head
then :
expenses dr 210000
to PRograme expenses cr 210000
| Is This Answer Correct ? | 0 Yes | 1 No |
What is NEFT? and its Limit(if any)
MY QUESTION IS OUR EMPLOYEE PAID SCHOOL FEES & TUTION FEES & BUS FEES FOR CHILD EDUCATION. IN WHAT KIND OF FEES WE TAKE DEDUCTION UNDER 80 C.
Pl's confirm me this entry how to pass in Tally 9.0 & Tally ERP.9 that if I purchase 20 mobile,30 phone,20 LCD,15 laptop from mangesh @ Rs.7000,Rs.200,Rs.17000 and Rs.14000 respectively on each. But I purchase by cash and 15 days later I sold half of the thing to priya margin of Rs.100 on each by cheque and rest i sold to minal on cash margin of Rs.200 on each. But I received cash 1 month later. so calculate how much profit I got by selling the products.
i am indrani,iam siting for a/c assistance post of muthoot finance..so my question is what kind of question they may ask related to a/c or finance?or other than subject what question can be asked like why do u want to join this co etc.. ?
what is trial balance.?
What is 3/3 in Procure to pay (p2p) in Accounts Payable?
What is a Accounts Payable & Accounts Receivable..?
informance about performance is disclosed by
Follow up ageing balances of Debtors & Creditors and also Inventory
What is the TDS rate for Salary???????
where will lostv appear in balance sheet?
1 Answers Alfa Automation, TCS,
Do you know what is liabilities and what all does include in current liabilities?
Audit 
