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Adjustment for workmen compensation reserve

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Adjustment for workmen compensation reserve

    • Posted by Udit Kushmalu 7 years, 9 months ago

    CBSE > Class 12 > Accountancy
    • 4 answers

    Sirat Sidhu 7 years, 9 months ago

    If claim more than reserve than excess amt on debit side of revaluation and claim on liability side of balance sheet

    3Thank You

    Sirat Sidhu 7 years, 9 months ago

    If liability is present and if amt of liability is less than reserve present then clain on liability side of balance sheet and remmaning old partners old ratio

    1Thank You

    Sirat Sidhu 7 years, 9 months ago

    In case of admission If no liability then distribute among old partners old ratio

    1Thank You

    Hero Time 7 years, 9 months ago

    Wcr is to be distributed to partner in partners cap. AC

    2Thank You

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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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