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Providend fund is outside liability or …

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Providend fund is outside liability or not? Why?

    • Posted by Manik Chopra 8 years, 3 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Vinay Bhadana 8 years, 3 months ago

    Provident fund is an outside liabilities because it is a find which is maintained by the company for the future Welfare of the employees it is basically maintained for the pension of employees after retirement

    1Thank You

    Manish Bansal 8 years, 3 months ago

    Yes, it is a outside liability.

    0Thank You

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