What is the entry when a company lends money to an employee?

Advance to employee Dr.

Cash or Bank Cr.

loan to employee DR

Cash/bank CR

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Agree with our colleagues

A. Asset A/c Dr

         to Cash-A/c

    (Being money lends to an employee)

Thanks for invitation,

Agree with our colleagues,

Dr. Employees' loans

Cr. Cash / Bank 

DR. Advance / Loan to Employee

CR. Cash / Bank.....

Adjustment When Employee pays back or adjusted in salary.

Dr. Cash/Bank/Salary Expense Payable

Cr. Advance / Loan to employees

Receivable from Employees A/c Dr

To Cash/  Bank

500  Loans to Employees

500   cash

Note Receivable/ Other Receivables/ Advances to Employee     A/c        Dr

                                                                                                              To Cash              A/c