Partnership Accounting For Bonus Allocation & Calulation (Formulas Detailed)
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12 سال پیش
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Accounting procedure to calculate and
Accounting procedure to calculate and allocate a bonus earned in a partnership based on services provided to the partnership, bonus is recognized for services provided beyond salaries, interest, etc., look at two methods for calculating the bonus, (1) where the bonus is not included as a deduction from net income and (2) where the bonus is included as a deduction from net income, bonuses are stated as a percentage of net income either before or after certain other components of the allocation process are deducted (stated in reference to other variables), develope and calculate the bonus based on the (1) (bonus = percentage x (net income - salaries - interest)) and (2) (bonus = percentage x (net income - salaries - interest - bonus)), detailed example showing how the equation is developed and applied to determine the bonus (either included or not included) in the calculation, the bonus calculation is based on accounting procedures detailed by Allen Mursau
12 سال پیش
در تاریخ 1391/06/26 منتشر شده
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