Restaurant
Salary Advance Deduction from Payroll
Recovering a previously issued salary advance by deducting it from the monthly payroll.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Salaries Payable | Liability (-) | 200.00 | - |
| Employee Advances | Asset (-) | - | 200.00 |
💡 Accountant's Note
This clears the advance from the balance sheet. The employee receives a lower net pay this month since the advance has already been spent.
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