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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)

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