Journal for epf admin charges related to f.y. 2015-16 paid in f.y. 2019-20

Sir,

We have received a demand notice in f.y. 2019-20 for payment of epf admin charges which is related to f.y. 2015-16.please tell me the accounting for this payment.Which accounting head to be create and what journal entry to be make for this payment.

Replies (2)

Sir

 

rates & taxes head dr

cr bank / cash

 

if it is a company to be shown under prior period expense

Can we debit EPF Admin/Inpection Charges instead of Rates & Taxes

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