Accounts
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 December 2010
An advance travelling payment of 40,000 was made to an employee, after his travel he submits bil for 30,000 and returns remaining amount. Could anyone please provide journal entries for this transaction in copanies books
19 December 2010
On Advance Given to X:
X (advance ) A/c Dr...40000
To Bank.....40000
On submitting bill:
Traveling Exp A/c Dr....30000
Cash A/c Dr.............10000
To X (Advance) A/c....40000
X (advance ) A/c Dr...40000
To Bank.....40000
On submitting bill:
Traveling Exp A/c Dr....30000
Cash A/c Dr.............10000
To X (Advance) A/c....40000
Message likes :
1 times
20 December 2010
Agree
Message likes :
1 times
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 January 2011
Thanks Sir
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- Confusion around Form 26QB fields
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
