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Provident entry in books of accounts

Others 427 views 5 replies
Under which head does Employee Provident Fund appear in the Books of Account and Employer Provident Fund? Please throw some light
Replies (5)
Employer is go to profit & loss ( employee benefits)
but where as employee go to the current liability
Pls be explicut
Employee Contribution is a liability ( Balance Sheet item )

Employer Contribution is an Expense ( PL)
The point is in whose books are considering the transaction.
Whose books ?

Employer Books


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