Provision entry

This query is : Resolved 

30 July 2011 I want to ask how the provision entry is passed for Employer contribution for PF in accounts.

30 July 2011 Dr: Employer contribution Providentfund
Dr: Employer contribution Pension fund
Dr: PF admin charges
Cr: Provident fund payable Account

Provision are passed for effecting the expenses with the related period


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