Question

If expenditure is Rs.
16,000, and surplus
credited to capital fund Rs.
4,500,Income is Rs.
20,500. (True/False)
Ano.​

Answer 1

Answer:

true

Explanation:

income = expenditure+surplus

= 16000+ 4500

=20500

Answer 2

Answer:

The given statement 'If expenditure is Rs.16,000, and surplus credited to capital fund Rs.4,500, Income is Rs.20,500' is true.

Explanation:

Expenditure = Surplus + Income

Expenditure = 16000 + 4500

Expenditure = 20500

Hence, the statement is true.

Definition:

Surplus Credited:

• Amounts that, at any given date, are over obligations and essential reserves, including cash and other assets that are expected to be resolved into cash or its equivalent naturally and with a fair degree of confidence.

Expenditure:

• An expenditure is something that calls for the transfer of funds, or fortune in general, from one person or organization to another as payment for a good, service, or another type of cost.
• Rent is a cost to a renter. Tuition is a cost to parents or students. Purchasing anything like food, clothing, furniture, or a car is sometimes referred to as a cost.
• A cost that is "paid" or "remitted" generally in return for anything of value is referred to as an expense.
• "Expensive" refers to something that appears to be very expensive. "Inexpensive" refers to something that appears to be inexpensive.
• "Expenses of the table" include costs associated with eating, drinking, a feast, etc.

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