CENE MAIS mil 03. From the following particulars, prepare Income and Expenditure account: Details Fees...
70.2K
Verified Solution
Link Copied!
Question
Accounting
CENE MAIS mil 03. From the following particulars, prepare Income and Expenditure account: Details Fees collected, including RO 80,000 on account of the previous yeat Fees for the year outstanding Salary paid, including RO 5,000 on account of the previous year Salary outstanding at the end of the year Entertainment expenses Tournament expenses Meeting Expenses Traveling Expenses Purchase of Books and Periodicals, including RO 31,000 for purchase of Books Rent Postage, telegrams and telephones Printing and Stationery Donations received Amount RO 5,20,000 30.000 68,000 3.000 8,000 25,000 18.000 7,000 40.000 15,000 6,000 18.000 25,000
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
