Labour welfare fund deduction entry


This query is : Resolved 

02 January 2017 Hi,

this is to request you to please help me on posting entry of Labour welfare fund deduction from employees ( yearly ones).

how to accounting this cost in books.




03 January 2017 Dr. Salary (Expense A/c)
Cr. Labour Welfare Payable (Liability A/c)
Cr. Salary payable (Liability A/c)


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