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Admission of partner

Accountancy

Why workman compensation fund is going to partners capital accounts

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siva chaitanya

siva chaitanya

CA Final

13K+

12-Mar-21 16:16

708

Answers (3)

Best Answer

Thread Starter

siva chaitanya

Can u explain what is meant by no actual liability towards the fund

Workmen Compensation is a type of insurance policy that safeguards an employee against any injury or death during the job time. By the statement "no actual liability" they mean, nothing from the fund was utilised to compensate any injury


ruchi lahoti

ruchi lahoti

CA Inter

27K+

12-Mar-21 22:45

The question mentions there is no actual liability towards the fund, That's why


ruchi lahoti

ruchi lahoti

CA Inter

27K+

12-Mar-21 18:26

ruchi lahoti

The question mentions there is no actual liability towards the fund, That's why

Can u explain what is meant by no actual liability towards the fund


Thread Starter

siva chaitanya

siva chaitanya

CA Final

13K+

12-Mar-21 20:58

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