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Interest earned on salary advances

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(Querist)
28 November 2016 Kindly let me know the accounting treatment for interest earned on advances given to employees against salary
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Sandeep Dharar

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Sandeep Dharar (Expert)
29 November 2016 Generally employees are provided interest free loan by employer. Can u please elaborate a bit more? That is it the company's policy to charge interest on each advances to employees?

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