please explain me, if I pay salary advance 3000 to satish
then how to record entry, for payment, journal, adjustment
if salary is 1500/month
please send me correct entry shortly
- 2 Answers
- 6073 Views
- AAI Airports Authority Of India, I also Faced
- E-Mail Answers
Answer Posted / biswajit kolay
Advance salary paid Rs.3000
Advance Salary A/c (Satish) Dr. 3000
to Cash/Bank A/c Cr. 3000
At time of payment salary
Salary A/c (Satish) Dr. 1500
to Advance Salary A/c (Satish)Cr. 1500
and the balance of advance salary Rs.1500/- will be adjusted in next salary payment
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
What are the effects when intangibles and tangible assests decrease
What is vat adjustment?
what do you mean byrecoupment of shortworkings in royalty accounts
what is "goodwill" reserve and surplus and reserve with example
Tell me what is the master account?
Sir i want to ask that if the salary above 6500/- than also pf deduct.
Tell us what do you believe should be an important quality of an account executive?
how can i settle the party ac with cr & dr
how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.
Is there Disqualification of Auditor u/s 139 of Companies Act 2013 if the auditor is indebted towards the company to be appointed as an auditor, if amount exceeds more than Rs.1000 as against the provision related to Companies Act, 1956 ?
What can be done incase of excess payment of TDS Remittence than the actual amount? Is there any adjustment towards the excess amount with the upcoming TDS payment? Reference of last quarter challan should be shown while adjusting in next quarter?
Who is the sundry creditors
What is a business transaction in accounting?
I got a transaction of Online Recruitment Charges, So What is the Ledger to Create?
Do you know the term account payable?
