Esi and pf collected

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journal entries for esi and pf collected

dr, salary account

cr, esi and pf collected ac

or

cash ac dr

cr,esi and pf collected ac

which one is correct entry for esi and pf collected entry
Replies (1)
Salary a/c......... Dr.

To pf and esi payable a/c

When deposit to pf and esi account, then

Pf and esi payable a/c........ Dr.

To bank/cash a/c...


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