Question

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During the financial year 2019-20, Manohar had cash sales of Rs.90,000 and credit sales of Rs. 60,000 .His expenses for the year were Rs. 70,000 out of which Rs. 30,000 is still to be paid. Find the Manohar'S income for 2019-20 following cash Basis of Accounting. 

RS. 45,000

RS.50,000

RS. 60,000

RS. 80,000


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Answer 1

Answer:

Rs 50000

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Answer 2

Answer:

rs 5000

Step-by-step explanation:

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