What is the journal and payment entry of P.F and E.S.I
Answer Posted / sandeep
1.salary a/c Dr. 100
to ESI a/c.(employee) 1.75
to EPF A/c.(Employee) 12.00
to Salary Payable 86.25
(being Salary Payable for the m/o )
2.esi a/c. (employer)a/c.dr 4.75
epf a/c. (employer)a/c.dr.12.00
esi a/c. (employee)a/c.dr 1.75
epf a/c. (employee)a/c.dr 12.00
to bank a/c. 30.5
(Being esi & epf paid)
Is This Answer Correct ? | 527 Yes | 102 No |
Post New Answer View All Answers
What procedure for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back excess amount how do in oracle apps?
I have 4 four category of emplies say Admn/Markting/Procurment/Production and the employees of thee category have there bank accounts in 5 or six different banks. How can i generate Payroll advice for the employees having account in A Or B OR C Or D falling under above category
Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.
Can you differentiate accounting and auditing?
What is dd and a in oil and gas accounting?
how to pass journal entries for reverse tax on input tax paid
Who is the sundry creditors
HELLO FRIENDS I WANTED TO THAT IS DUPLICATE KEY MAKING CHARGE IS UNDER THE HEAD OF GENERAL EXPENSES
Proprietor paid amount of Rs. 11060/- for car insurance. Pass Journal.
how to caluclate tds from emloyees and others
What is the marginal cost formula?
Imagine you have to solve problems for multiple clients at the same time. How do you prioritize?
What is liabilities and what all does include in current liabilities?
Do you know any other accounting application?
please advice example of any single journal entry which include all 3 accounts i.e personal, real & Nominal a/c.