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we are paid advance to employee Rs.5000 for TADA. After Trevelling employee return Rs.500. please pass journal entry
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Answer Posted / vishalgoel88@yahoo.com
At the time of Advance
Employee advance ... 5000
TO Cash .... 5000
At the time of return
Expenses 4500
Cash (Return Amount) 500
To Employee advance 5000
| Is This Answer Correct ? | 6 Yes | 1 No |
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