Board of Directors approved the financial accounts of the year 2009-10 on 31st July
2010. The following events occurred before approval of financial accounts by Board
of Directors. State how you would deal with this situation:
“The wages of the employees are revised retrospectively from 1st January 2010. The
agreement is signed on 1st July 2010. The negotiations have been going on since 1st
February 2010. Due to this revision extra wages payable from 1.1.2010 to 31.3.2010
was ₹ 500000.
Menu
Please help me solve this problem
Replies (1)
Please help me to solve this question 🥺
Recent Topics :
- GST clarification needed:
- TDS processed with short deduction default
- TDS on rent paid to RNOR Landlord. Can RNOR US tax
- PAN CANCELLATION OF A DISSOLVED PARTNERSHIP FIRM
- Transport agency accounting entry in purchase &
- REGARDING HSN CODE FOR WASHING JOB CHARGES
- Advance Tax Due Date 2026
- Query – Interest on Capital Received by Part
- Query - Section 164(2)(a) – Interpretation o
- Submission for Expert Opinion on Rectification of
Related Topics :
CAclubindia
