1.

How are the following items dealt with while preparing Income and Expenditure Account of a club for the year ended 31st March, 2018? 1st April, 2017 31st March, 2018 Outstanding Locker Rent ₹ 4,600 ₹ 6,300 Advance Locker Rent ₹ 3,000 ₹ 4,000 Locker Rent received during the year ended 31st March, 2018— ₹ 52,000.

Answer» How are the following items dealt with while preparing Income and Expenditure Account of a club for the year ended 31st March, 2018?


















1st April, 2017 31st March, 2018
Outstanding Locker Rent ₹ 4,600 ₹ 6,300
Advance Locker Rent ₹ 3,000 ₹ 4,000



Locker Rent received during the year ended 31st March, 2018 ₹ 52,000.


Discussion

No Comment Found

Related InterviewSolutions