AdminHelpdice Team30 May, 2024Subscription received in advance during the current year isan income.an asset.a liability.None of these.Check AnswerRelated MCQ's Income and Expenditure Account reveals...Mon, 10 MarTitle of the account which shows Surplus/Deficit of NPO is...Mon, 10 MarSalaries paid during the year ended 31st March, 2020 is Rs. 36,000. Salaries paid in advance at the end of previous...Mon, 10 MarReceipts and payments account makes no difference between...Mon, 10 MarStock of medicines on 1.4.18 were Rs.5000. Medicines purchased during the year is Rs.5000. Medicines sold during th...Mon, 10 MarFurniture (Book value) Rs.5,000 were sold for Rs. 4,500. New Furniture worth Rs.10,000 were purchased during the ye...Mon, 10 MarSubscription outstanding for the year 2018-19 is Rs.2500. Subscription outstanding for the year 2017-18 was Rs.5000...Mon, 10 MarIf Income is Rs.16,000 and deficit debited to Capital Fund is Rs.4,300 then Expenditure is...Mon, 10 MarIncome and Expenditure Account is based on...Mon, 10 MarWhich of the following is an example of not-profit-organisation...Mon, 10 Mar
