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Querist : Anonymous

Querist : Anonymous (Querist)

31 October 2012 iam giving the advance salary to somebody

what is the entry?

CA Roshan Jha

CA Roshan Jha (Expert)
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31 October 2012 Advance Salary A/c Dr.
To Bank A/c.

When finally salary will accrue to employee than pass the following entry:
Salary (Exp.) A/c Dr.
To Advance Salary A/c.

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