Interested to Buy Any Domain ? << Click Here >> for more details...
Can we pay bonus to employees out of Reserves?
- 3 Answers
- 6266 Views
- UltraTech, I also Faced
- E-Mail Answers
Answer Posted / subhash
Question is not clear reserves are of various types no Bonus can be paid out of Capital Reserves or specific reserves.Bonus paid to employees is mandatory as per the provision of Bonus Act and is a Revenue expenditure to be shewn in Profit and loss A/C and not to be paid out of Reserve to be created for this purpose yet if by any reason some amount of bonus of previous year co.Losses case in the court of Law the same can be appropriated out of General Reserve
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Were i have to enter for agreements in tally and in which ledger it will come
The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.
how intangible assets are entered in B/s. plz send me the answer of this question in my e-mailid-prabhatsingh873@gmail.com
What are the effects when intangibles and tangible assests decrease
Definition of push down accounting
what are the main important accounting entries for AP and AR ...
what will be the possible question for an interview in account post as a fresher
I WRITE GROUP-4 EXAMINATION.I STADIYING INTERMEDET HOW MANY PARSANTEGE OF GROUP-4 EXAMINETIN
SHADOW BALANCE SHEET
What does the investment of personal assets by the owner will do?
Tell me what is tally accounting?
Hai Experts can any one send me some finance interview questions ,my mail id is c.sujatha2008@gmail.com,please send quickly it's so need.
I want to know accounting information in oracle apps projects costing module. i.e Which account is cr and which account db. Please help me.
What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?
