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 ?
Answers were Sorted based on User's Feedback
Answer / uma
according to it 5accounts involved ram, cash, Deducte epf bank
Is This Answer Correct ? | 7 Yes | 2 No |
Answer / 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 |
Answer / manish
ram a/c dr 900
to cash a/c 800
to epf a/c 100
bank a/c dr 200
to cash a/c 200
Is This Answer Correct ? | 3 Yes | 1 No |
Answer / kadambari
Ram A/c
Date particulars amt Date particulars amt
by cash 900.00 To cash 100.00
Bank A/c
Date Particulars amt Date Particulars Amt
by epf payable 200.00
EPF Payable A/c
Date particulars amt Date particulars amt
by cash 100.00 to bank 200.00
Cash A/c
Date particulars amt Date particulars amt
To bank 900.00
According to its 4 A/c involved they are Bank A/c, Ram A/c,
EPF Payable A/c, Cash A/c
Is This Answer Correct ? | 0 Yes | 0 No |
cash a/c..dr...900
epf 100
ram 800
amount rec by ram by deductuing 100 towards epf
)
epf...dr..200
ram..... 200
Is This Answer Correct ? | 0 Yes | 3 No |
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