Hi
Please provide the acconting entries for Esi and pf payable while making a payment . And kindly specify it with the accounting rule( as its a real or nominal )
Hi
Please provide the acconting entries for Esi and pf payable while making a payment . And kindly specify it with the accounting rule( as its a real or nominal )
Salary a/c Dr.: Gross amount
Employer Contribution to pf Dr.: Employer Contribution Amount
Bank/Salary Outsanding Cr.: Amount Excluding Pf & ESI AMount
To Provident Fund Payable Cr.: Total PF Amount
To ESI Payable A/C Total ESI Contribution
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
