Accountancy, asked by akshaysharmanext, 1 month ago

During the year 2018-19 , Shyam earned a total revenue of ₹ 4,70,000 by selling the goods of . Out of the total sales , there were credit sales of ₹ 1,30,000.The total expenses for the year were ₹2,50,000,out of which ₹ 30,000 are still outstanding. Find out Shyam’s Income for 2018-19 as per:
a) Cash Basis of Accounting .
b) Accrual Basis of accounting.​

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Answered by purushothamvajjula
1

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