Interested to Buy Any Domain ? << Click Here >> for more details...
what is entry for salary paid in advance ?
- 31 Answers
- 186782 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answer Posted / mohammed
Salary 10000
Paid in advance 2000
Salary Advance A/c Dr 2000
Cash 2000
When Paying Salary deduct advance with Simple entry is
Salary Account Dr 10000
To Cash 8000
To Salary Advance 2000
Salary Advance account will get knocked off.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What is capital adequacy ratio? What is demat account?
What qualities have you got that would make you a good accountant?
Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A
the selling price of a prouduct of vintex limited inclusive of basic excise duty 16% and education cess 2% and SAH cess 1% is rs 3002. find the assessable unit of prouduct?
Why does the accounting equation have to balance?
Under the accrual basis of accounting, when revenues are reported in the accounting period?
What are the different branches of accounting?
Who created snapit accounting?
How to pass journal entry for payment of 20 % of outstanding income tax demand of AY 14- 15 of an company in the AY 18-19.
What is aggregate Liabilities ?
What does it mean to do accounting training outside of public practice?
Explain fictitious assets?
What is accrual accounting?
How to prepare finalization accounts?
What are time sheets?
