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What is the journal and payment entry of P.F and E.S.I
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Answer Posted / om veer
journal entry:
salary a/c dr.
to salary payable a/c cr.
to esi a/c cr.
to epf a/c cr.
esi & epf paid entry:
esi paid a/c dr.
epf paid a/c dr.
to bank a/c cr.
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