From the following information provided by MNC Ltd. for the year ended 31st March, 2016, calculate the overall (maximum) managerial remuneration : $ 24 16,70,000 1,70,000 To Salaries and Wages To Repairs To Depreciation (including Development Rebate To General Expenses To Loss on Sale of Investment To Scientific Research (new Laboratory setup) To Donation to Charitable Institutions To Interest on Debentures To Debenture Trustees Remuneration To Directors' Fees To Income Tax To Proposed Dividend To Balance c/d By Gross Profit By Profit on Sale of Plant (Cost $3,00,000; Written down value $1,50,000 Amount realised on Sale $3,20,000) By Subsidy from Government 65,000 30,000 1,10,000 25,000 20,000 15,000) 40,000 1,03,000 35,000 35,000 15,000 12,000 5,10,000 5,10,000 4,10,000 18,80,000 18,80,000

From the following information provided by MNC Ltd. for the year ended 31st March, 2016, calculate the overall (maximum) managerial remuneration : $ 24 16,70,000 1,70,000 To Salaries and Wages To Repairs To Depreciation (including Development Rebate To General Expenses To Loss on Sale of Investment To Scientific Research (new Laboratory setup) To Donation to Charitable Institutions To Interest on Debentures To Debenture Trustees Remuneration To Directors' Fees To Income Tax To Proposed Dividend To Balance c/d By Gross Profit By Profit on Sale of Plant (Cost $3,00,000; Written down value $1,50,000 Amount realised on Sale $3,20,000) By Subsidy from Government 65,000 30,000 1,10,000 25,000 20,000 15,000) 40,000 1,03,000 35,000 35,000 15,000 12,000 5,10,000 5,10,000 4,10,000 18,80,000 18,80,000

Name: From the following information provided by MNC Ltd. for the year ende
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Description: From the following information provided by MNC Ltd. for the year ended 31stMarch, 2016, calculate the overall (maximum) managerial remuneration :$$65,00030,00016,70,0001,70,000To Salaries and WagesТo RepairsTo Depreciation (includingDevelopment Reba

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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