Menu
Advance entry
sir, required examples of advance and settlement entry
Replies (1)
Example Advance Salary paid and settlement.
Advance salary paid on 25 -5-2023
Advance Salary A/c Dr
To Bank A/c Cr
( advance salary paid)
On 31 St May 23 entry
Salary. A/c Dr
To Salary payable A/c Cr
( salary payable entry)
Actual salary paid on 4-6-2023
Salary payable A/c Dr
To Advance salary A/c Cr
To Bank. A/c Cr
( after settlement or advance adjustment, balance salary paid)
Advance salary paid on 25 -5-2023
Advance Salary A/c Dr
To Bank A/c Cr
( advance salary paid)
On 31 St May 23 entry
Salary. A/c Dr
To Salary payable A/c Cr
( salary payable entry)
Actual salary paid on 4-6-2023
Salary payable A/c Dr
To Advance salary A/c Cr
To Bank. A/c Cr
( after settlement or advance adjustment, balance salary paid)
Recent Topics :
- Interesting Observation from a Recent Income Tax S
- ITR 3 Utility Not Taking Marginal Relief on Net To
- MV Electrosystems IPO Allotment Date, Status Check
- TDS payment code query
- Query on FLAIR return
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
Related Topics :
CAclubindia
