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Balance statement


A balance sheet with a numeric value that represents total assets, total liabilities, and equity accounts is a common size. How do you interpret a common size statement? For each line item in the standard version of this income statement, there is a $100,000 deduction from income. A turnover of $100,000 gives a return of …

The Caisse de Prévoyance des Salariés (EPFO), a nodal body of the Caisse de Prévoyance des Salariés (EPF), allows subscribers to consult their balance online. Commonly referred to as a passbook, the document lists the entries of policyholder and company contributions for each month as well as retirement expenses. The passbook also contains the interest …

Representative image | Photo credit: BCCL New Delhi: The EPF or employee provident fund constitutes an important part of an employee’s retirement corpus. An employee contributes 12 percent of his basic salary to the EPF kitty, while 3.67 percent of his basic salary is contributed by the employer to the EPF kitty and 8.33 percent …