Question

Sports Star Charitable Club has income of ₹ 32,000 and deficit debited to Capital
Fund of ₹ 4,300 for the year 2020-21 then expenditure for the year 2020-21 is:-
a. ₹ 27,700
b. ₹ 36,300
c. ₹ 4,300
d. ₹ 21,300

Answer 1

Answer:

B

Explanation:

Deficit= Expenses- income

4,300=Exp.- 32,000

Exp.= 32000+4300

Exp.= ₹36300/-