If a company is in loss, should it require to pay salary to
their employees. If yes, how?
Answer / ks malviya
Salary to every employee must be paid up to 5th day in next
month for every last month , there is no relation between
profit or loss to the company .
It is legal libality on every employer
| Is This Answer Correct ? | 16 Yes | 2 No |
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A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .
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