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 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.

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

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

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

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)

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2 Book 3 min 225x300 - Question 42 Chapter 1 of +2-B  - T.S. Grewal 12 Class
T.S. Grewal’s Analysis of Financial Statements

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