Answer / g srikanth

it comes under Provisions (current liability)
(JV)
salary a/c dr 100000
To esi payable a/c 1750
To PF payable a/c 12000
To salaries payabl a/c 86250

(PV)
ESI Payable a/c dr 1750
To Bank a/c 1750

PF payable a/c dr 12000
To Bank a/c 12000

Salaries payable a/c dr 86250
To Bank a/c 86250

Answer / sukanya

esi comes under salaries which payable at the time of full and final settlement

salaries a/c
hra a/c
to pf a/c
to esic a/c
to salary payable a/c

Answer / ravi

it will come in the head of deductions as it will be
deducted from gross salary the roup for this is if it is
payable current liability if it is paid expense

Answer / srikanth.g

it comes under (provisions) current liability

(JV)
Salary a/c Dr 100000
To ESI Payable a/c 1750
To PF payable A/c 12000
To Salaries payable a/c 86250

(PV)
ESI payable a/c Dr 1750
To Bank a/c 1750

PF payable a/c Dr 12000
To bank a/c 12000

Salaries payable a/c Dr 86250
To bank a/c 86250

Expand C S T

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