Question

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​

Answer 1

Answer:

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Answer 2

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