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How can we post Salary, PF etc., can anybody tell me the
entry

Answer Posted / battu murali reddy

If gross salaries are Rs.10000 and PF contribution each is
Rs.1000

salaries a/c Dr 10,000
PF (employer contributin) a/c Dr 1000

To Salaries payab le a/c 9,000
To PF payable a/c 2,000

Is This Answer Correct ?    5 Yes 2 No



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