PF accounting entry

This query is : Resolved 

12 August 2008 Dear all,

waht are the accounting entries for PF both employees' contribution and employers' contribution

12 August 2008 For Employer contribution the accounting entry will be :

Employeer contribution a/c Dr.

to Employer contribution payable a/c

& for Employee contribution the entry will be :

Salary a/c Dr.

To Salary Payable a/c

To TDS on salary Payable a/c

To Employee PF Payable a/c

13 August 2008 Thanks a lot




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