Salary entry and advance salary entry
Denish Kaangariwala (136 Points)
21 July 2022
salary ki entry kaise kare or usme advance Diya ho to kaise adjust kare pls reply
2 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 21 July 2022
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 )
Recent Topics
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- Where can I find a trusted provider to hire a skip
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF U CLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
Related Threads
CAclubindia
