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In the year ended 31st March, 2019, salaries paid amounted to ₹ 2,04,000. Ascertain the amount chargeable to the Income and Expenditure Account for the year ended 31st March, 2019 from the following additional information: ₹ Prepaid Salaries on 31st March, 2018 24,000 Prepaid Salaries on 31st March, 2019 12,000 Outstanding Salaries on 31st March, 2018 18,000 Outstanding Salaries on 31st March, 2019 15,000 |
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Answer» In the year ended 31st March, 2019, salaries paid amounted to ₹ 2,04,000. Ascertain the amount chargeable to the Income and Expenditure Account for the year ended 31st March, 2019 from the following additional information:
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