Question

11. The following is the detail of a Literary Society for the year ending on 31st March,
2018:
Subscription received * 1,650, Interest on Investment 570; Income from Lecture
* 3,480; Rent paid * 315; Sundry Expenses *150; Advertisement * 310; Printing
Expenses 192.
Society has ten, 4% debentures of National Library of 1,500. Rent outstanding as
on March is 120 and printing expenses outstanding is 144.
Prepare Income & Expenditure account.
[Ans : Surplus *4,499]​

Answer 1

Explanation:

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Answer 2

Answer:4499

Explanation:

4499