10-21-2009, 01:24 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by farazkpmg</i>
<br />i dont think that it is correct entry bcoz the plan asset value is overstated due to this act...
i think gratuity fund should reimberce this amount to company...
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Dear,
I am interested to know that how the plan assets would be overstated.
There exist a current account in the books of company as well as in the books of Gratuity Fund. This is used for such transactions.
Please correct me if i am wrong.
Regards,
*
<br />i dont think that it is correct entry bcoz the plan asset value is overstated due to this act...
i think gratuity fund should reimberce this amount to company...
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Dear,
I am interested to know that how the plan assets would be overstated.
There exist a current account in the books of company as well as in the books of Gratuity Fund. This is used for such transactions.
Please correct me if i am wrong.
Regards,
*
