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Salary A/c Dr (Gross) 10000.00
Salay payabe A/c Cr 9825.00
ESI Payable A/c Cr 650.00
ESI Employer Cont. Dr. 475.00
or
Salary A/c Dr (Gross) 10000.00
Salay payabe A/c Cr 9825.00
ESI Payable A/c Cr 175.00

which is correct entry above entries ?

Answers were Sorted based on User's Feedback



Salary A/c Dr (Gross) 10000.00 Salay payabe A/c Cr 9825.00 ESI Payable A/c Cr ..

Answer / ajit yadav

Salary A/c - 10000 dr.
Employer's Cont. to Esi - 475 dr.

Salary Payable 9825 cr.
ESi Payable 650 cr.

Is This Answer Correct ?    8 Yes 0 No

Salary A/c Dr (Gross) 10000.00 Salay payabe A/c Cr 9825.00 ESI Payable A/c Cr ..

Answer / rajesh

The 2nd entry is correct. Because ESI Employer contribution
will come to Payment mode.
for eg.
Payment Entry
By ESI Employee Contribution 100
By ESI Employer Contributin 200
TO Cash or Bank 300

Is This Answer Correct ?    6 Yes 2 No

Salary A/c Dr (Gross) 10000.00 Salay payabe A/c Cr 9825.00 ESI Payable A/c Cr ..

Answer / saraswati prabhat

Entry is :-
Salary A/c -(Dr) 10000.00
ESI Employer cont -(Dr) 475.00


ESI Employer Cont-(Cr) 475.00
ESI Employess Cont-(Cr) 175.00
Salary Payable -(Cr) 9825.00

Is This Answer Correct ?    2 Yes 1 No

Salary A/c Dr (Gross) 10000.00 Salay payabe A/c Cr 9825.00 ESI Payable A/c Cr ..

Answer / suresh babu

salary a/c dr 10000
to salary payble (9825-475) 9350
to esi a/c 650

Is This Answer Correct ?    0 Yes 0 No

Salary A/c Dr (Gross) 10000.00 Salay payabe A/c Cr 9825.00 ESI Payable A/c Cr ..

Answer / dinesh rajput

second entry is correct

Is This Answer Correct ?    0 Yes 0 No

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