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Johnson is an employee of ABC Ltd. He is entitled to a salary of Rs. 8,00,000 and entitled to a commission of 20%. If the profit in a year is Rs. 1 crore, then Johnson is:a)Employeeb)Partnerc)Both partner & Employeed)None of theseCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Johnson is an employee of ABC Ltd. He is entitled to a salary of Rs. 8,00,000 and entitled to a commission of 20%. If the profit in a year is Rs. 1 crore, then Johnson is:a)Employeeb)Partnerc)Both partner & Employeed)None of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Johnson is an employee of ABC Ltd. He is entitled to a salary of Rs. 8,00,000 and entitled to a commission of 20%. If the profit in a year is Rs. 1 crore, then Johnson is:a)Employeeb)Partnerc)Both partner & Employeed)None of theseCorrect answer is option 'A'. Can you explain this answer?.

Solutions for Johnson is an employee of ABC Ltd. He is entitled to a salary of Rs. 8,00,000 and entitled to a commission of 20%. If the profit in a year is Rs. 1 crore, then Johnson is:a)Employeeb)Partnerc)Both partner & Employeed)None of theseCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

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