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Salary A/c Dr (Gross) 10000.00
Salay payabe A/c Cr 9825.00
ESI Payable A/c Cr 650.00
ESI Employer Cont. Dr. 475.00
or
Salary A/c Dr (Gross) 10000.00
Salay payabe A/c Cr 9825.00
ESI Payable A/c Cr 175.00
which is correct entry above entries ?
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Answer Posted / rajesh
The 2nd entry is correct. Because ESI Employer contribution
will come to Payment mode.
for eg.
Payment Entry
By ESI Employee Contribution 100
By ESI Employer Contributin 200
TO Cash or Bank 300
| Is This Answer Correct ? | 6 Yes | 2 No |
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