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Suppose "A" Gives Rs 100000 as an Advance to "B" what will be the Journal Entry of Advance given to B and latter the Advance settling entry after the B give a bill to A
Debit advance paidCredit cash / bank
cash debit rent in advance credit
Debit advance salaryCredit cash / bank
debit advance cashcredit cash / bank
Debit advance cash receivedCredit unearned revenue
Advance Salary A/C 1000.00 Dr. Cash A/C 1000.00 Cr. next entry is Salary A/C 1000.00 Dr. Advance Salary 1000.00 Cr.
Debit advance payment for assetCredit cash / bank
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Basic clerical, phone, and computer skills are needed for medical informatics jobs, which typically deal with data entry of patient information and hospital records.
Double entry is a transaction in which the payment is established in two accounts instead of 1 as to single entry.
salary advance a/c Dr To casha/c salary advance a/c Dr To casha/c