Accountancy, asked by mayankmiddha396, 8 months ago

treatment of workmen compensation claim in balance sheet

Answers

Answered by raotd

Answer:

Explanation:Workmen Compensation Reserve appears at Rs. 1,20,000 in the Balance Sheet as on 31st March, 2018 and Workmen Compensation Claim is estimated at Rs. 1,50,000 Pass Journal entries for the accounting treatment of Workmen Compensation Reserve.

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