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is provident fund is liability or indirect expenses for
employer???
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Answer Posted / pankaj
Provident Fund is of Two types, as Follows below :
One is Employees Contribution
And Second one is Employer's Contribution
In the case of Employees Contribution, it is a liability(Current Liability) for employer.
In the case of Employer's Contribution, it is an expenses for employer.
| Is This Answer Correct ? | 59 Yes | 6 No |
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