Question

Q6. Miscellaneous expenses paid during the year ended march 31, 2008 amount to
Rs. 16,500. Information about prepaid and outstanding expenses is as under:
Rs.
Prepaid expenses on March 31, 2007
1,500
Expenses unpaid on March 31,2007
2,300
Expenses unpaid on March 31, 2008
2,500
Prepaid expenses on March 31, 2008
1,400
Ascertain the expenses to be debited to the Income and Expenditure Account​

Answer 1

Answer:

16,800

Miscellaneous exapenditure-16500

Add:-prepaid exp(31.03.07)-1500

Less:-outsta exp(31.03.07)-2300

Add:-outsta exp(31.03.08)- 2500

Less:-prep exp(31.03.08) -1400

Answer 2

Answer:

Thank you so much ❤️❤️