Accountancy, asked by lakshmiparihar854, 2 months ago

workers profit sharing fund is it reserve or provision

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Answered by muskan70174

Answer:

The Treatment of Workmen Compensation Reserve represented by compensation payable to workers is an external liability and the balance of amount left, if any, is an internal liability payable to partners.

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workers profit sharing fund is it reserve or provision​

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workers profit sharing fund is it reserve or provision