You are required to calculate the time ratio for the pre- and post-incorporation periods from the following

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You are required to calculate the time ratio for the pre- and post-incorporation periods from the following particulars:

(a). Date of incorporation: 1st June 1999.

(b). Period of financial Accounts: April 1999 to March 2000 

(c). Total wages ₹4,800 

(d). Number of workers: Pre-incorporation period: 5, Pre-incorporation period: 25.

Also divide the total wages between pre- and post-incorporation periods.

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Corporate Accounting

ISBN: 9789353160739

1st Edition

Authors: Anita Raman, P. Radhika

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