Interested to Buy Any Domain ? << Click Here >> for more details...
What is the journal and payment entry of P.F and E.S.I
- 21 Answers
- 228011 Views
- ABC, Chartered Accountant, IBM, Kohinoor, I also Faced
- E-Mail Answers
Answer Posted / mohd. imran ansari
journal entries
1. Due entries of salary
salaries a/c dr 10000
to salaries payable a/c 10000
2. statutory deduction on salary payment entries
salary payable a/c dr 10000
to esi employee. 175
to epf employee. 1200
to esi employer. 175
to epf employer. 1200
to Bank/Cash. 7250
3. payment of statutory deduction
esi employee a/c dr. 175
epf employee a/c dr. 1200
esi employer a/c dr. 175
epf employer. a/c dr. 1200
to. bank/cash. 2750
| Is This Answer Correct ? | 3 Yes | 4 No |
Post New Answer View All Answers
Explain which account is responsible for interest payable?
what are your current financial and accounting projects? What is your role?
When we are doing the reconciliation process in cash management please tell me what are the different status will happen and when will it happen. Please help me out.
Do you know partitioning in accounting?
please advice example of any single journal entry which include all 3 accounts i.e personal, real & Nominal a/c.
Explain me what makes a successful account manager?
i am indrani,iam siting for a/c assistance post of muthoot finance..so my question is what kind of question they may ask related to a/c or finance?or other than subject what question can be asked like why do u want to join this co etc.. ?
what is the difference between cash book(cash coloumn) and cash book(bank coloumn)?
What does the investment of personal assets by the owner will do?
Explain things that fall under intangible asset?
{in tally}in inventory info what is (stock group, stock categori, stock item,reorder levels) why we has to prepare them?
if co. (proprietorship). purchase mobile phone for employees than mobile phones under off. equipment .we have rec. purchase bill gst applicable how shows entry
What are the criteria for accounting job?
Is it possible contra entry in SAP FICO
What are mis reports and do you prepare it?
