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Question 42 Chapter 1 of +2-B
Employee Benefit Expenses
42. From the following information, Compute the Amount to be Shown in Note To Accounts on Employees Benefit Expenses: Wages Rs.5,40,000; Salaries RS. 7,20,000; Bonus Rs. 1,05,000; Staff Welfare Expenses Rs. 60,000; and Business Promotion Expenses Rs.
50,000.
|
Particulars |
Details |
Amount |
|---|---|---|
| Wages | 5,40,000 | |
| Salaries | 7,20,000 | |
| Bonus | 1,05,000 | |
| Staff Wel\afare Expenses | 60,000 | |
| Amount to be shown in the statement of Profit and Loss | 14,25,000 |
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Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
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