[ISC] Q 25 Non-Trading Organisation Solution TS Grewal Class 11 (2023-24)

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Solution of Question number 25 Non Trading Organisation (NPO) Chapter TS Grewal class 11 ISC Board for 2023-24 Session?

In 2022-23, salaries paid amounted to ₹ 20,400. Ascertain the amount chargeable to the Income & Expenditure Account for the year ended 31st March, 2023 from the following additional information:

Prepaid Salaries on 31st March, 2022
Prepaid Salaries on 31st March, 2023
Outstanding Salaries on 31st March, 2022
Outstanding Salaries on 31st March, 2023
2,400
1,200
1,800
1,500

Solution:-

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