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Question 42 Chapter 1 of +2-B – T.S. Grewal 12 Class

Question No. 42 - Chapter No.1 - T.S. Grewal +2 Book Part B-min
Question No. 42 - Chapter No.1 - T.S. Grewal +2 Book Part B-min

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Question 42 Chapter 1 of +2-B

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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.

 The solution of Question 42 Chapter 1 of +2-B: – 

Particulars

Details

Amount
Wages5,40,000 
Salaries 7,20,000 
Bonus1,05,000 
Staff Wel\afare Expenses60,000 
Amount to be shown in the statement of Profit and Loss   14,25,000

To understand more about Balance Sheet please check out following links:

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Balance Sheet: Meaning, Format & Examples

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Also, Check out the solved question of previous Chapters: –

T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

Question 1 Chapter 1 of +2-B
T.S. Grewal’s Analysis of Financial Statements

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