Answer / jayanta mohanty

Exgratia word has come from Latin word.It's literary
meaning is something extra ,over and above the liabilty.
Thus the Exgratia payments refers to a payment made to
someone in addition to the actual liability to pay.
For example, a lump sum payment over and above the pension
benefits of a retiring employee.Ex-gratia is Latin form,
from favor or as a favor. Also called ex-gratia settlement.

give me only one transactions in both side (debit&credit) should be in real accounts

0 Answers   Wipro,

---

How can entry made if loan transfer from reliance to tata finance

2 Answers   KMS,

---

a) What are the Golden Rules of Accounting? What are the 14 Principles of Accounting

0 Answers   IBM,

---

EXPAND_________BPDU

1 Answers  

---

What will be entry pass in tally if TDS paid by Credit Card.?

0 Answers   TCM,

---

What do u mean by pass through expenses? give examples, how it will be accounted & billed?

0 Answers  

---

EXPAND_______________TUDA

1 Answers  

---

how to pass journal entry for vat paid in tally?

7 Answers  

---

Expand B L

1 Answers  

---

Define depreciation

2 Answers  

---

retained earnings will change over time due to what factors, retained earnings will increase.

1 Answers   Genpact,

---

Expand-------NAC

0 Answers  

---