Answer / narendra kothari

if we are paid to employee salary
the entry
salary a/c dr
to amount of pf
to amount or esi
to cash or bank a/c

Answer / ajay

1.salary a/c Dr. 100

to ESI a/c.(employee) 1.75
to EPF A/c.(Employee) 12.00
to Salary Payable 86.25
(being Salary Payable for the m/o )

2.esi a/c. (employer)a/c.dr 4.75
epf a/c. (employer)a/c.dr.12.00
esi a/c. (employee)a/c.dr 1.75
epf a/c. (employee)a/c.dr 12.00

to bank a/c. 30.5
(Being esi & epf paid)

Answer / shivi rana

journal entry:

1 Salary A/C Dr
To ESI Employee Contribution payable A/C
To EPF Employee Contribution Payable A/c
To Salary payable A/c


2 ESI Employee Contribution Payble A/C Dr
EPF Employee Contribution Payable A/c Dr
To Bank A/C

3 ESI Employer Contribution A/C Dr
EPF Employer Contribution A/c Dr
To Bank A/C
4 Salary payable A/C Dr
To bank A/C

Answer / rituraj

SALARY A/C DR.
TO ESI EMPLOYEE ( CONTRIBUTION)
TO PF EMPLOYEE(CONTRIBUTTION)
TO BANK

SALARY A/C DR.
TO BANK

EMPLOYEER ESI DR.
EMPLOYEER PF DR.
TO EMPLOYEER ESI CONTRIBUTION A/C
TO EMPLOYEER PF CONTRIBUTION A/C


EMPLOYEE PF CON DR.
EMPLOYER PF CON DR.
TO BANK
EMPLOYER ESI CON DR.
EMPLOYEE ESI CON DR.
TO BANK

Answer / naveen singh kalura

Total Salary Rs.200/-
Note :- EPF Contribution Rs.12% of Basic Salary
Note :- ESI Contribution Rs.1.75% of Grass Salary (Up-to 21000)
Example::
Basic Salary A/c Dr. 100
House Rent A/c Dr. 50
Conveyance Allowance A/c Dr. 50
To EPF A/c 12
To ESI A/c 1.75
To Salary Payable 86.25

Answer / amit verma

Journal Entry for Salary

1. For Creating Due Entry

Salary A/c Dr.
To PF Payable Cr.
To ESIC Payable Cr.
To PT Payable Cr.
To Salary Payable Cr.

2. Employer PF & ESIC Contribution Entry

PF Contribution A/c Dr.
PF Admin Charges A/c Dr.
To PF Payable A/c Cr.

ESIC Contribution A/c Dr.
To ESIC Payable A/c Cr.

3. Payment Entry

Salary Payable A/c Dr.
PF Payable A/c Dr.
ESIC Payable A/c Dr.
PT Payable A/c Dr.
To Bank Cr.

Answer / lalit saxena

1-(a) salary a/c dr
to epf or esi of employee
to salary payable or individual
(being salary due for the month of ....)

1-(b)epf or esi of employee dr
epf of employer dr
to esf or esi payable
(being esi or epf of employer and employee transferred to payable a/c)

1-(c)esi or epf payable dr
bank a/c
(being esi or epf paid )

2-(a) salary a/c dr
to esi or epf payable
to salary payable or individual
(being salary due )

2-(b)
esi or epf payable dr
to bank a/c
(being esi or epf paid )

Answer / 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

Answer / sajjad ahmad

Journal Book
Salary payable A/C Dr.
To Mr. A
To TDS
To EPF
To ESI

Payment
TDS
EPF
ESI
To Bank A/C

Answer / 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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