PROHIBITED
Suresh Ltd. was incorporated on 30th
June,2018 to take over an existing
business from 1st April ,2018, Salaries
of Rs. 2,40,000 paid for the year 2019
-20 will be apportioned in the ratio of
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shank shabby chic I don't know what I want to be a good day at work and I
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Explanation
Salaries are apportioned on time basis
Time ratio
April 2018 to 30 June 2018. = 3 months
1 July 2018 to 31 March 2019 = 6 months
then time ratio =3:6 or 1:2
Apportionment of salaries
For the year end total salaries is ₹2,40,000
so salaries are apportined in 1:2
which is ₹80,000 and ₹1,60,000
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