Calculate prize fund expenses incurred during the year 2021-22 from the following information Prize fund as on 1 April, 2021 Rs. 80,000 Donation received for Prize Fund Rs. 15,000 10% Prize Fund Investment Rs. 80,000 Interest Received Rs. 5,000 Interest Accrued Rs. 3,000 Prize fund as on 31 March, 2022 Rs. 70,000

Question

Option 1: Rs. 33,000

Option 2: Rs. 23,000

Option 3: Rs. 28,000

Option 4: Rs. 25,000

AfterBoards · Accepted Answer

The answer is 'Rs. 33,000'. View full solution:

CUET Accountancy 2022 23 Aug Shift 2 PYQs

Keyboard Shortcuts