Mr.X working in an organization,He as taken to salary advance 10,000 on 15/1/201

Mr.X working in an organization,He as taken to salary advance 10,000 on 15/1/2016.He total salary payed on 30,000 5/2/2016?

Question Posted / ch.manikanta

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Mr.X working in an organization,He as taken to salary advance 10,000 on 15/1/2016.He total salary pa..

Answer / shivangi gupta

salary Advance A/C. Dr 10000
cash/bank Cr.10000
(salary in advance given)

Salary A/c. Dr 30000
salary Advance A/c. Cr. 10000
cash/bank Cr 20000
(salary Due and advence salary adjust with Advance)

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2 Yes

0 No

Mr.X working in an organization,He as taken to salary advance 10,000 on 15/1/2016.He total salary pa..

Answer / ch.manikanta

salary a/c Dr 10,000
To salary advance 10,000

salary a/c Dr 20,000
salary advance Dr 10,000
To salary payable 30,000

Is This Answer Correct ?

2 Yes

3 No

Mr.X working in an organization,He as taken to salary advance 10,000 on 15/1/2016.He total salary pa..

Answer / faisal iqbal

Cash or bank a/c dr 10000
to organisation a/c cr 10000
(Being salary received in advance)

Cash or bank a/c dr 20000
Advance salary a/c dr 10000
To organisation a/c cr 30000

Is This Answer Correct ?

0 Yes

1 No

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