Treatment of employee provident fund in dissolution Share with your friends Share 6 Dharmendra Kumar Maheshwari answered this -6 View Full Answer Shubham answered this As we know EPF is a liability, So firstly transfer epf to realisation - entry would be - (EPF ....dr. To Realisation) then paid it , entry is -( Realsation...dr. To Cash), [*Note - EPF is not distributed b/w the partners because it is a liablity] 34