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From the following particulars find the amount of cash required for payment of wages in a factory for the month of April 2008. 1. Wages
From the following particulars find the amount of cash required for payment of wages in a factory for the month of April 2008.
1. Wages for normal hours worked Rs. 2,05,000
2. Wages for overtime Rs.22,000
3. Leave wages Rs.17,000
4. Dedication of employee share to ESI contribution Rs.5.000
2. Wages for overtime Rs.22,000
3. Leave wages Rs.17,000
4. Dedication of employee share to ESI contribution Rs.5.000
5. Employees contribution to provident fund Rs.16,000
6. House rent to be recovered from 30 employees at the rate of Rs.100 per month.
6. House rent to be recovered from 30 employees at the rate of Rs.100 per month.
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Fundamental Financial Accounting Concepts
Authors: Thomas Edmonds, Christopher Edmonds
9th edition
9781259296802, 9781259296758, 78025907, 1259296806, 9781259296765, 978-0078025907
