Accountancy, asked by manasgami, 7 months ago

During the accounting period 2019-2020, the total sales of a firm were Rs. 7,00,000, out of which cash sales were of Rs. 4,50,000. The total expenses for the year were Rs. 5,00,000 out of which Rs. 2,10,000 are still outstanding. Determine income of the firm for 2019-2020 as per: (i)Cash Basis of accounting (ii) Accrual Basis of accounting

Answers

Answered by archanamankar2215

1

Answer:

1one its the answer

Explanation:

hope it helps you

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