Salary entry and advance salary entry

salary ki entry kaise kare or usme advance Diya ho to kaise adjust kare pls reply
Replies (2)
Quick Summary
This discussion explains the accounting process for entering salary payments and how to handle advance salary payments. It provides a clear, step-by-step journal entry method to book advance salary, then record the final salary payable, and finally adjust the advance against the total salary paid.

Advance  Salary  payment to Mr A

1)Advance Salary  to Mr A    A/c   Dr

   To  Bank                            A/c    Cr

( Advance salary paid )

 

Salary payable to  Mr A booking entry

2) Salary               A/c   Dr

   To Mr  A            A/c    Cr 

   To  PF              A/c    Cr 

   To P . tax         A/c     Cr 

( Salary payable to  Mr  A ) 

 

Payment  entry  

3)Mr  A          A/c   Dr 

  To Advance Salary to Mr A   a/c  Cr 

  To Bank                                A/c   Cr  

( Salary paid to Mr A after adjustment  of  Advance paid )

Thank s sir

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