Exercise - 2 | Q 1 | Page 113 Complete the Table: Salaries paid during the year

Balbharati solutions for Book-keeping and Accountancy 12th Standard Hsc Maharashtra State Board Chapter 2 Accounts of ‘Not for Profit’ Concerns Exercise - 2 [Pages 113 - 114]
Exercise - 2 | Q 1 | Page 113
Complete the Table:
Salaries paid during the year
Sr.
No
Total ₹
Prepaid/Outstanding
Expenditure for the year
1
1,100
Prepaid
100
_____ ?
2
2,700
Prepaid
_____ ?
2,000
3
8,250
Prepaid
_____ ?
6,650
4
1,200
Outstanding
200
_____ ?
5
_____ ?
Outstanding
600
5,100
6
1,800
Outstanding
_____ ?
2,200

Solution

Salaries paid during the Year

Sr.
No.
Total ₹
Prepaid/Outstanding
Expenditure for the year
1
1,100
Prepaid
100
1,000
2
2,700
Prepaid
700
2,000
3
8,250
Prepaid
1,600
6,650
4
1,200
Outstanding
200
1,400
5
4,500
Outstanding
600
5,100
6
1,800
Outstanding
400
2,200

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