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 -
Option 1: Rs. 45,000
Option 2: Rs. 35000
Option 3: Rs. 55,000
Option 4: Rs. 15,000

Question

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 -

Option 1: Rs. 45,000

Option 2: Rs. 35000

Option 3: Rs. 55,000

Option 4: Rs. 15,000

Team Careers360 · Accepted Answer

Correct Answer: Rs. 35000

Solution : Cash outflow on salary will be -

Opening balance + Salary exp. during the year - Closing balance

5000 + 40000 - 10000 = Rs.35000

Hence the Correct answer is option 2.

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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 - Option 1: Rs. 45,000Option 2: Rs. 35000Option 3: Rs. 55,000Option 4: Rs. 15,000

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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 -
Option 1: Rs. 45,000
Option 2: Rs. 35000
Option 3: Rs. 55,000
Option 4: Rs. 15,000

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 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