Citation:Chandrasoma, S.D.H.P. & Thilakarathna, P.M.C. 2016. Is it a Plan Asset or a Separate Investment?. Case Studies in Accounting “Bridging the Gap”, 03: pp. 25-27. Department of Accountancy, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka.
Date:2016
Abstract:
PQR Company Ltd is a manufacturing company of toy kits for small babies. The
products are a result of higher labour effort. The workforce of the company
comprised of about two hundred and sixty employees. PQR Company does not
trade any debt or equity instruments in the public market. Hence, the company
was identified as a small and medium sized entity. They were having a policy of
gratuity payment for the employees as follows.
