[ISC] Q 22 Non Trading Organisation Solution TS Grewal (2022-23) Class 11

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Solution of Question number 22 Non Trading Organisation Chapter TS Grewal class 11 ISC Board for 2022-23 Session?

In 2020 – 21, Salaries paid amounted to ₹ 20,400. Ascertain the amount chargeable to the Income & Expenditure Account for the year ended 31st March, 2021 from the following additional information:

Prepaid Salaries on 31st March, 20202,400
Prepaid Salaries on 31st March, 20211,200
Outstanding Salaries on 31st March, 20201,800
Outstanding Salaries on 31st March, 20211,500

Solution:-

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