Question

From the following informations, prepare the Income and
Expenditure Account for the year ending 31st March 2019:
Fees collected
3,00,000
Salary paid
2,00,000
Tournament expenses
16,000
Travelling Expenses
17,000
Stationary Expenses
12,000
Rent paid
10,000
Postage and Telephone expenses
8,000
Purchase of Books 18,000​

Answer 1

Answer:

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