Receipt and Payment a/c for the year ending 31.3.22. | Locker Rent | Rs.17,050 | |---|---| Additional Information: Locker rent Rs.3,050 outstanding for the year 2020-21 and Rs.1,500 for 2021-22. Locker rent received on advance at the end of current year i.e on 31.3.22 is Rs.1,000. What amount of Locker Rent will be shown in Income and Expenditure A/c? Choose the correct option:

Question

Option 1: Rs.14,500 Dr. to Income and Expenditure A/C

Option 2: Rs.17,600 Dr. to Income and Expenditure A/C

Option 3: Rs.14,500 Cr. to Income and Expenditure A/C

Option 4: Rs.17,600 Cr. to Income and Expenditure A/C

AfterBoards · Accepted Answer

The answer is 'Rs.14,500 Cr. to Income and Expenditure A/C'. View full solution:

CUET Accountancy 2022 16 July Shift 2 PYQs

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