I given one employee loan 50000 and his salary is 15000 . I will deduction loan amount 10000 per month. How do entry cost center wise
Poonam Thakor (6 Points)
25 December 2018I given one employee loan 50000 and his salary is 15000 . I will deduction loan amount 10000 per month. How do entry cost center wise
prasad Nilugal
(3909 Points)
Replied 26 December 2018
Aman Kumar
(Accounts Executive)
(744 Points)
Replied 26 December 2018
Salary payable to employee A/c Dr 15000
To loan A/c Cr. 10000
To Bank. A/ c Cr. 5000
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