TREATMENT OF WORKMEN COMPENSATION RESERVE
WHAT IS WORKMEN COMPENSATION RESERVE Workmen Compensation Reserve is a reserve created out of firm’s profits to meet possible liability to pay compensation to employees, if it arises. It means, a claim may or may not arise. It also means that claim may be higher than amount of reserve. The Treatment of Workmen Compensation Reserve…
Read More “TREATMENT OF WORKMEN COMPENSATION RESERVE” »