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 - 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 |
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 |
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 |
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 |
How Can i file tds return
basic knowledge of accounting ?
how to calculate tds on professional fees, salary and services
if salary paid per month Rs 80000/ I will deduct TDS from his salary, please what I do explain.(send Urgently)
what indirect tax and in that whats include
Can anyone please tell me how to account TDS RECEIVABLES. (In Receipt entry is it possible to show the break up of TDS deducted & balance payment recd in single entry
Hi, I am a VAT/CST dealer in Pune. I had got a work contract with other AP state government. can i purchase material in AP state on 2% CST on issuing 'C' form and supply the same material to the AP state government on VAT /CST 5%. As the government departments are not issuing 'D' forms. please guide.
which contractors does not deducted tds ?
How to calculate IT,TDS,ADVANCE TAX,VAT,CST,EXCISE DUTY,PT,ST.ESI.PF?
5 Answers Alp Consulting, Jaycon, KPMG, Manufacturing, Unique Circle Engineering,
What is rate of tax applicable in absence of central declaration form in state of Haryana. against "C" form rate is 4% & Local VAT is 12.5%. Pl. help.
when form h, form d, form 38, form h issu , what is the process of get it , who is the liable to get it , any % tax apply against issu this form, please give me answer on my e.mail sonidilip87@yahoo.com
what is mean by differed tax?