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syed irfan


{ City } hyderabad
< Country > india
* Profession * accountant
User No # 85822
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Question { 6461 }

we given tour advance to party how to treat entry and which
head have to given expenditure


Answer

Advance(Party) A/c Dr.
To cash

and when he submit the actual expenditure .Advance account to be credited and expenditure account to be debited

Is This Answer Correct ?    7 Yes 1 No