28 May 2012
Total Salary For a month = 27240 Employee deduction for ESI=481 Net Payment for salary = 27240-481=26759 Employer Contribution for ESI=1294, then what will be the entry Salary A/c Dr 27240 Salary Payable 26759 ESI Paysble 481 but what will be the employer contribution's entry ie. Rs 1294
CAclubindia
