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Question 46 Chapter 1 VK Publications Class 12 Part 2 – 2021

Question no. 46 VK Publications
Question no. 46 VK Publications

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Question 46 Chapter 1 VK Publications Class 12 Part 2 – 2021

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46. From the following information, calculate the amount to be shown in ‘Notes to Accounts onEmployees Benefit Expenses :

Wages Rs. 80,000 , Salaries Rs. 96,000, Bonus Rs. 18,000, Leave Encashment Rs. 15,000, Administrative expenses Rs. 8,400, Staff Welfare Scheme Rs. 9,000.

The solution of Question 46 Chapter 1 VK Publications Class 12 Part 2: –

Particulars Rs.
   
(a) Finished Goods  
Wages 80,000
Salaries 96,000
Bonus 18,000
Leave Encashment 15,000
Staff Welfare Schemes 9,000
  2,18,000

 

Financial Statements of a Company and Its formats

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

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