The interview is taken to understand employee better. The stay interview is an opportunity to build trust with employees and to assess the degree of employee satisfaction and engagement that exists in a department or company. For employers – not …
Exit Interview is an interview held with an employee who is leaving the organization voluntarily. Purpose- It is to find out the reasons why the employee is leaving and/or to provide counselling and assistance in finding a new job. It …
This involves not hiring new employees for a certain period. PDF – https://drive.google.com/file/d/1JvT4OWhQ-Zjg_P9ZahrzoRpCCpzI5y7S/view?usp=sharing A hiring freeze is when a company suddenly stops hiring new employees to fill company positions. A company might continue to hire new employees for roles deemed …
It refers to terminating the service of an employee by way of punishment for misconduct or unsatisfactory performance. Unsatisfactory performance includes persistent failure of the employee to perform his job to the specified standards. Pdf – https://drive.google.com/file/d/1BVtK8sMy6KhrtMvR30sSMNkUTuWGZMSR/view?usp=sharing Misconduct means willful …
It is the permanent termination of an employee’s service for economic reasons in a going concern. It is termination due to the redundancy of the workforce. It is a business strategy to reduce the company’s expenses. PDF
Goods purchased from Sumit Traders for ₹ 55,000 Analysis of transaction : This transaction increases purchases (expenses) and increases liabilities (M/s Sumit Traders as creditors) by ₹ 55,000. Increases in expenses are debited and Increases in liabilities are credited. Journal- …
Bought Plant and Machinery from Ramjee lal for the business for – ₹ 1,25,000 and an advance of ₹ 10,000 in cash is given. Analysis of Transaction :  increases plant and machinery (assets) by ₹ 1,25,000, decreases cash by₹ 10,000 …
Analysis of Transaction : This transaction increases furniture (assets) on one hand and decreases bank (assets) on the other hand by ₹60,000. Increases in assets are debited and Decreases are credited. Journal- Debit to Furniture account and credit to Bank …
Analysis of Transaction: The transaction increases the cash at bank on one hand and decreases cash in hand on the other hand. Increases in assets are debited and a decrease in assets are credited. Journal- Debit to Bank account and …
Rohit started business with cash ₹5,00,000 Analysis of Transaction : The transaction- increases cash on one hand and increases capital on the other hand. Increases in assets are debited and increases in capital are credited. Journal- Debit to Cash and …