DFS - directors and pension adjustments

Cortez

Hi

Just working through some questions and bit stuck on these two:


Provision is to be made for:
1) Directors fees (3 directors if it makes any difference)
2) Pension to the widow of a director

So far I have

DR Director emoluments
CR ??

For both.

Any help would be great.

:001_smile:

peugeot

accruals/wages control in current liabilities.

Best regards
Steve

Cortez

Thanks for the quick reply! I've already got Trade Payables on my TB but no accruals/wages control - will it be ok to put it there?

Also, I've got Directors Salaries on the TB already, is that the same as Directors Emoluments?

peugeot

Just create an accruals creditor in the TB.

Yes directors emoluments/salaries are the same thing.

Best regards
Steve

Cortez

Cool, thanks