SALARY
This query is : Resolved
15 March 2011
SIR IN THE CHAPTER PROFIT PRIOR TO INCORPORATION A QUESTION WAS THERE IN WHICH TIME RATIO WAS 1:2.CO. WAS INCORPORATED ON 1st MAY.FINANCAL YEAR ENDS ON 31st DECEMBER.
IN ADJUSTMET IT WAS THERE THAT SALARY WAS INCREASED BY Rs. 2,000 p.m. THE AMOUNT OF SALARY WAS Rs. 85,000.PLEASE TELL ME IN RESPECT OF PRE & POST INCORPORATION PERIOD..
THNX IN ADVANCE.
IN ADJUSTMET IT WAS THERE THAT SALARY WAS INCREASED BY Rs. 2,000 p.m. THE AMOUNT OF SALARY WAS Rs. 85,000.PLEASE TELL ME IN RESPECT OF PRE & POST INCORPORATION PERIOD..
THNX IN ADVANCE.
16 March 2011
PLEASE HELP ME.
16 March 2011
SALARY WAS INCREASED - which date salary increased ??
16 March 2011
SIR ON 1st MAY.
16 March 2011
increased salary for 8 months (2000p.m. * 8 months = Rs. 16000)
total salary = Rs. 85000 -increased salary 16000 = Rs. 69000/-
Rs. 69000/- is to be divided in the time ratio(1:2)
salary prior to incorporation = Rs. 23000/-
salary post incorporation = 46000+16000 = Rs. 62000
total salary = Rs. 85000 -increased salary 16000 = Rs. 69000/-
Rs. 69000/- is to be divided in the time ratio(1:2)
salary prior to incorporation = Rs. 23000/-
salary post incorporation = 46000+16000 = Rs. 62000
16 March 2011
THNX A LOT SIR.
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