Complete the Table

1. Complete the Table

Sr. No.

Income

Expenditure

Surplus/Deficit

1

10,000

 

5,000 (Deficit)

2

8,000

 

4,000 (Surplus)

3

 

15,000

8,000 (Surplus)

4

7,500

9,000

 

5

15,000

11,300

 

Solution:

Sr. No.

Income

Expenditure

Surplus/Deficit

1

10,000

15,000

5,000 (Deficit)

2

8,000

4,000

4,000 (Surplus)

3

23,000

15,000

8,000 (Surplus)

4

7,500

9,000

1,500 (Deficit)

5

15,000

11,300

3,700 (Surplus)

2. Salary paid during the Year

Sr.No.

Total

Prepaid / Outstanding

Rs

Expenditure for the year

1

1,100

Prepaid

100

 

2

2,700

Prepaid

 

2,000

3

8,250

Prepaid

 

6,650

4

1,200

Outstanding

200

 

5

 

Outstanding

600

5,100

6

1,800

Outstanding

 

2,200

Solution: 

Sr. No.

Total

Prepaid / Outstanding

Rs

Expenditure for the year

1

1,100

Prepaid

100

1,000

2

2,700

Prepaid

700

2,000

3

8,250

Prepaid

1,600

6,650

4

1,200

Outstanding

200

1,400

5

4,500

Outstanding

600

5,100

6

1,800

Outstanding

400

2,200

3. Rent Received During the Year

Sr. No.

Total Received

Rent received in 

Advance/Accrued

 

Rs

Income for the year

1

1,300

Received in Advance

200

 

2

 

Received in Advance

400

1,400

3

2,650

Received in Advance

 

2,000

4

 

Accrued

290

3,190

5

1,700

Accrued

 

2,150

6

2,600

Accrued

500

 

Sr. No.

Total Received

Rent received in Advance/Accrued

Rs

Income for the year

1

1,300

Received in Advance

200

1,100

2

1,800

Received in Advance

400

1,400

3

2,650

Received in Advance

650

2,000

4

2,900

Accrued

290

3,190

5

1,700

Accrued

450

2,150

6

2,600

Accrued

500

3,100