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
|