how to pass the entry of advance paid to employee against salary
Answer Posted / satyakiraju
You better write the name of the person received Salary
Advance for clarity.
X salary advance
To Cash/Bank
You have to group the salary advance under Loans and
Advances(Asset)
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Tell us how can you define departmental accounting?
What does overhead mean in regards to accounting?
When Tds is applicable to deduct and wht is rate for different work panel?
purchase from interstate as applicable f form given to supplier & selling in local state as applicable local vat guide me as per law
What steps would you take before approving an invoice for payment?
Define scrap value in accounting?
In accounting, vat abbreviates what?
pass journal entries of the following transaction in the books of AG sindh, AGPR,FTO and SBP: 1)DDo sindh house submitted a bill for purchase of furniture to AGPR islamabad for Rs.200000 on 20th March 09; 2)AGPR issued cheque on 2nd april which was cleared by SBP on 5th April; 3)On 26th may, voucher were exchanged in the clearing house; 4)On 28th May, AG sindh issued advise to settlement to SBP karachi; 5)On 5th june,SBP HQ karachi sends a copy of clearnce memo along with bank statement to AG sindh and AGPR for settlement made on 31st May.
difition of reserve & surplus
bank releted question interviw plz tel me
What are the 4 principles of gaap?
hi to all.... what is the treatment for Work-In-Progress in Tally...please answer for it as early as possible... thanks & regards
Who is considered the father of accounting?
What is Capital Commitments means?
Tell me how you can adjust entries into account?