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1. If Ram Received Cash Rs. 900/- & Deducted Rs.100/- as
EPF. 2. Cheque diposited into bank Rs. 200/- against EPF of ram.
How many ledger should create under which & what will be the
entry ?
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Answer Posted / kadambari
Ram A/c
Date particulars amt Date particulars amt
by cash 900.00 To cash 100.00
Bank A/c
Date Particulars amt Date Particulars Amt
by epf payable 200.00
EPF Payable A/c
Date particulars amt Date particulars amt
by cash 100.00 to bank 200.00
Cash A/c
Date particulars amt Date particulars amt
To bank 900.00
According to its 4 A/c involved they are Bank A/c, Ram A/c,
EPF Payable A/c, Cash A/c
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