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Querist : Anonymous

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Querist : Anonymous (Querist)
29 August 2011 Example :- company given advance to Mr.A Rs.50, Mr A Purchased a stationary of Rs. 40 and return Rs.10

Please tell me the entry very urgent

29 August 2011 1.Mr. A ( Advance for Exp. ) A/c 50
To Cash / Bank A/c 50

2. Stationary exps. A/c Dr. 40
To Mr. A ( Advance for Exp. ) A/c 40

3. Cash / bank a/c Dr. 10
To Mr. A ( Advance for Exp. ) A/c 10

30 August 2011 I agree with the expert


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