Exercise - 2 | Q 4 | Page 114 Calculate the following: Salary ₹ 10,000, outstanding salary ₹ 5,000. Calculate the salary to be debited to Income and Expenditure Account.

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 4 | Page 114
Calculate the following:
Salary ₹ 10,000, outstanding salary ₹ 5,000. Calculate the salary to be debited to  Income and Expenditure Account.

Solution: 

Income and expenditure Account



Particulars
Amount ₹
Amount ₹
Particulars
Amount ₹
Amount ₹

To Salary
10,000





Add: Outstanding Salary
5,000
15,000



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