Question 21
Total salaries accrued for the month is ₹ 65,000, but only 50% of it was paid at the end of the month and the rest was outstanding. The expenses on salaries in the income statement for the month is _____
Question 21: Total salaries accrued for the month is ₹ 65,000, but on…
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Correct answer: 65000
Question 21 of 29 in the IIT Madras BS Financial Forensics (Financial Forensics) Quiz 1 paper sat on 7 Jul 2024, in the May 2024 term (IIT M DEGREE AN EXAM QDB2 7 July 2024). It carries 1 mark.
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