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what is entry for salary paid in advance ?
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Answer Posted / sonu sharma (ca-final)
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Salary A/c Dr 25000
To Employee A/c 25000
(Being Salary Due)
Payment......
Advance Salary A/c Dr 10000
To Cash A/c 10000
(Being Advance Salary Paid)
Payment.........
Employee A/c Dr 25000
To Advance Salary A/c 10000
To Cash A/c 15000
Being Salary Paid)
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