Question : Calculate the amount to be debited to the Income and Expenditure Account for the year ending 31st March 2021:
Option 1: Rs. 4,850
Option 2: Rs. 5,600
Option 3: Rs. 5,750
Option 4: Rs. 6,350
Correct Answer: Rs. 4,850
Solution :
Hence, the correct option is 1.
Question : How much amount will be shown in the Income and Expenditure Account in the following case:
Option 1: Rs. 84,400
Option 2: Rs. 84,000
Option 3: Rs. 86,000
Option 4: Rs. 85,200
Option 1: Rs. 17,450
Option 2: Rs. 17,600
Option 3: Rs. 17,000
Option 4: Rs. 18,000
Question : From the following information, calculate the amount of stationary consumed by the Rotary Club for the year ended 31st March 2022:
390000
During the year creditors were paid Rs. 6,00,000.
Option 1: Rs. 5,61,000
Option 2: Rs. 5,72,000
Option 3: Rs. 5,50,000
Option 4: Rs. 5,30,000
Option 1: Rs. 1,03,000
Option 2: Rs. 95,000
Option 3: Rs. 98,000
Option 4: Rs. 85,000
Question : Calculate the amount to be shown in the Income and Expenditure Account in the following case:
Option 1: Rs. 37,000
Option 2: Rs. 46,000
Option 3: Rs. 36,400
Option 4: Rs. 49,600
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