Journal Entry for Salary Paid in Advance. Salary paid in advance is also known as prepaid salary (it is a prepaid expense). It is the amount of salary paid by an entity in advance but the corresponding work-effort equivalent to the advance salary paid is yet to be received from the employee. The money paid relates to a future accounting period.


bill : nota, näbb, räkning, löpsedel, växel cheques : checkar club−foot : klump−fot. clubs : paid : betalad proprietor : ägare, ägarinna.

The proprietor took goods of the value of Rs.150 for his domestic consumption. No record of it has been made in the books. ix. Repairs bill for the proprietor’s personal car Rs.410, has been paid by the firm and debited to the Repairs Account. x.

Paid club bill of the proprietor by cheque

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Using Cheque or Expense may cause the invoice to still show unpaid on your reports.

Paid club bill of the proprietor by cheque journal entries 1 See answer Tarchnagopal is waiting for your help. Add your answer and earn points.

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Chances are, you're already running a sole proprietorship. Now, educate yourself on the pros and cons, the tax implications, and the legal liabilities to determine if you want to remain a sole

Paid club bill of the proprietor by cheque


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Paid club bill of the proprietor by cheque

City at Gray's Inn Road, London W.C.I, at both as a Restaurant Proprietor.

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Paid club bill of the proptietor by cheque 1 See answer mohammedarshath69 is waiting for your help. Add your answer and earn points.

(a) where a cheque is not presented for payment within a reasonable time of its issue, and the drawer or the person on whose account it is drawn had the right at the time of such presentment as between him and the banker to have the cheque paid and suffers actual damage through the delay, he is discharged to the extent of such damage, that is to say, to the extent to which such drawer or (d) The firm paid realisation expenses amounting to ₹ 5,000 on behalf of Harsh who had to bear these expenses.

It is being preserved for the Club by Mr. Bazeley, Mr. and Mrs. Fancutt, of the In conclusion Mrs Corner paid a tribute to the late Mrs Atkinson as a good and Malcolm Eckford Jelley, motor coach proprietor, Cosgrove, was summoned at Stony presided at largely-attended meeting, at which a cheque for £191 10s. and an 

Electricity for the year paid by cheque totaled £2,000.00. Rates for the year paid by cheque totaled £1,000.00. Wages for the year all paid cash totaled £10,000.00. Sundry expenses all paid in cash totaled £2,000.00.

4. D and Co. accepted a bill drawn by Bragathish 30,000. 5. Sold goods to L on credit 20,000. 6. Sold goods to M on credit 40,000.