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What is the treatment of Employees …

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What is the treatment of Employees Provident Fund? (At the time of dissolution)

    • Posted by Himir Balana 7 years, 3 months ago

    CBSE > Class 12 > Accountancy
    • 7 answers

    Riya Jain 7 years, 3 months ago

    EPF is a statutory liability towards employees. It must be paid.

    0Thank You

    Dhairya Gupta 7 years, 3 months ago

    It's simple first transfer it to credit side of realization and pay it by writing bank/cash on Dr side of realization

    0Thank You

    Gk Verma 7 years, 3 months ago

    It wld be t/f to cr. Side of realisation a/c

    0Thank You

    Riya Jain 7 years, 3 months ago

    EPF comes in cr side on realisation account and realisation kai dr mai cash/bank sai payment kr denge...

    0Thank You

    Jai Yadav 7 years, 3 months ago

    First cancel and then paid

    0Thank You

    Riya Jain 7 years, 3 months ago

    I think EPF comes in cr side on realisation account...

    0Thank You

    Dhairya Gupta 7 years, 3 months ago

    Since it is an outside liability it is paid

    1Thank You

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