Gratutity
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 September 2011
what enty we will pass if company pay gratuity for his employee to lic.... it is necessary to book provision every year
10 September 2011
payment to LIC graduity fund is deductible expense,
debit Graduity a/c with cash/bank
debit Graduity a/c with cash/bank
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