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1. If Ram Received Cash Rs. 900/- & Deducted Rs.100/- as
EPF. 2. Cheque diposited into bank Rs. 200/- against EPF of ram.
How many ledger should create under which & what will be the
entry ?
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Answer Posted / mani
1)RAM A/C-DR 900
TO,CASH A/C 900
2)SALARY A/C-DR 800
EPF A/C-DR 100
TO,SALARIES PAYABLE 800
EPF PAYABLE 100
3)BANK A/C-DR
TO, CASH A/C
| Is This Answer Correct ? | 9 Yes | 5 No |
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