Journal entry
Aalok (accountant) (50 Points)
20 October 2019
pay advance to staff by another book but staff salary ledger maintaine in another books what should be entry made.
Deepak Gupta
(CA Student)
(15922 Points)
Replied 20 October 2019
Payment made to employee A of ABC by XYZ
In the books of ABC:
Salary A/c Dr.
Employee A Cr.
(being salary credited)
Employee A Dr.
XYZ A/c Cr.
(being payment made via XYZ)
In the books of XYZ:
ABC A/c Dr.
Bank/Cash Cr.
(Paid for Employee A of ABC)
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