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Salary paid in advance journal entry
thahirajali
Jun 27, 2013, 02:48 AM
When we create ledger for salary paid in advance , in which under we will give ?please clarify
pready
Jun 27, 2013, 06:24 AM
Debit Salary Advance (or similar) for the amount of the advance. Note: This is a current receivable
Credit Cash for the amount