forms part of employee benefit expenses.

Interest payment

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Inventories

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Direct wages

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Depreciation

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Solution

The correct option is C Direct wages
Direct wages paid to the employee is a part of employee benefit expenses.

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Similar questions

Employee benefit expenses can be increased due to :

Identify which of the following items will be shown in the Notes to Accounts on Employee Benefit Expenses:

(i) Wages

(ii) Salaries

(iii) Office Expenses

(iv) Staff Welfare Expenses

(v) Entertainment Expenses

(vi) Bonus

(vii) Leave Encashment Exp

(viii) Expenses on Employees Stocke Option Scheme.

Following is the statement of Profit and Loss of Sun India Ltd. for the year ended 31st March, 2015 :

$\begin{matrix} Note & 31 - 03 - 2015 & 31 - 03 - 2014 Particulars & No & (Rs.) & (Rs.) Revenue from Operations & 25, 00, 000 & 20, 00, 000 Other Incomes & 1, 00, 000 & 5, 00, 000 Employee benefit expenses : & 60 % of Total Revenue & 50 % of Total Revenue Other Expenses & 10 % of Employee & 20 % of Employee benefits expenses & benefits expenses Tax Rate & 50 % & 40 % \end{matrix}$

You are required to prepare a Comparative Statement of Profit and Loss of Sun India Ltd. from the given statement of Profit and Loss.

Prepare a Comparative Statement of Profit & Loss of Ahmed Ltd., with the help of the following information :

$\begin{matrix} Particulars & 31 - 03 - 2018 & 31 - 03 - 2017 (Rs.) & (Rs.) Revenue from Operations & 8, 00, 000 & 5, 00, 000 Purchase of Stock in Trade & 4, 20, 000 & 2, 40, 000 Changes in Inventories & 80, 000 & 60, 000 {Employee Benefit Expenses}^{*} & 20, 000 & 40, 000 Other Expenses & 40, 000 & 30, 000 Income Tax & 50 % & 40 % \end{matrix}$

* Employee Benefit Expenses means expenses incurred on employees. It includes expenses such as salaries and wages, contribution to Provident Fund, staff welfare etc.

Refer the data in the table below:

$\begin{matrix} Particulars & 2005 - 06 & 2004 - 05 Revenue from Operations & 4, 00, 000 & 500, 000 Other Income & 2, 75, 000 & 3, 50, 000 6, 75, 000 & 8, 50, 000 Purchase of stock in trade & 95, 000 & 100, 000 Employee Benefit Expenses & 2, 75, 000 & 2, 50, 000 Depreciation and Amortization & 65, 000 & 50, 000 Profit Before Tax & 2, 40, 000 & 4, 50, 000 \end{matrix}$

Calculate the absolute change in Employee Benefit Expenses.

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forms part of employee benefit expenses.

The correct option is C Direct wages Direct wages paid to the employee is a part of employee benefit expenses.

The correct option is C Direct wages
Direct wages paid to the employee is a part of employee benefit expenses.