calculations of pf
Answer / varadaraja.s
FOR UNLIMITED COMPANY :
Employer 12% on basic salary
Employee 12% on basic salary
Administration Charge 1.61%
Total = 25.61% of Basic salary
...........................................................
FOR LIMITED COMPANY :
Employer 12% of 6500
Employee 12% of 6500 (6500 is Minimum wage as per the Labour
Low)
Administration Charge 1.61% of 6500
Total = 25.61% of R.s 6500/-
...........................................................
Is This Answer Correct ? | 5 Yes | 1 No |
when cheque deposited into bank, how to enter in tally?
Paid , life insurance premium Rs.2500
how to enter in tally propritor has withdrawl cash from the business
I have received 75000/- as retainership fees from ABC company but they have deducted TDs 10% and send me 67500/- my question is that what entry i have to pass in my books please help me
The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).
v, An amount spent for inaguration of new factory building is A, revenue expenditure B, capital expenditure c, prepaid expenditure d, none of the above
what is tax invoice and retail invoice
what is paroll
What is working capital?
what effect closing balance and there effected ?
What do you think is a bank reconciliation statement?
How to make a vat entry in books including setoff?