Profi or loss prior to incorporation group 1 (ipcc)

Rishi (NONE) (163 Points)

28 July 2015  

Profit Or loss prior to incorporation(ipcc gp1)

Calculate Wage Ratio

date of taking over business:1.1.2001

date of incorporation : 1.5.2001

date of commencement of business : 1.7.2001

accounting perid = calander year

total wages incurred 2001 = Rs 72000

calculate wage ratio, when rates of wages tripled from 1st april 2001.

plz solve with simple workings! I want to know how the problem has been solved??? answer of wage ratio is 1:4

any one?plz reply fast!!

is there ne1 who can solve this?