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What is the entry pass if we are given to advance for
employee?

Answer Posted / suri.9393647338

When advance is paid the entry is..
prepaid salary A/c Dr
to cash /bank A/c
(Being salry Advance paid for the month of ***.).

When the payment of actual salary the entry is..
salry A/c Dr
to prepaid salry A/c

Is This Answer Correct ?    5 Yes 2 No



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