Question : From the following information, find out the actual amount of expenditure to be shown in Income and Expenditure A/c:

Expenses paid during the year 140,000

Expenses outstanding at the end of the year 30,000

Expenses prepaid at the beginning of the year

Question : From the following information find out the actual amount of expenditure to be shown in the Assets side of the closing Balance Sheet:

Expenses paid during the year 1,40,000

Expenses outstanding at the end of the year 30,000

Expenses prepaid at the

Question : From the following information find out the actual amount of expenditure to be shown in the Assets side of the closing Balance Sheet:

Expenses paid during the year 1,40,000

Expenses outstanding at the end of the year 30,000

Expenses prepaid at the

Question : Given salary expenses Rs. 40,000, Outstanding in the beginning of the year: Rs. 5,000 and outstanding at the end of the year Rs. 10,000. Cash outflow on salary will be - 

Question : The salary paid during the year was Rs 1,60,000. The salary outstanding at the end of the year was 14,000, and the salary outstanding at the beginning of the year was Rs 180,00.   Salary to be transferred to the debit side of the Income and expenditure account