Answer:
Excess of income over expenditure is ₹1,185,500.
Step-by-step explanation:
Note: The data in this question are merged together. They are therefore sorted before answering this question. See the attached pdf file for the sorted question.
The question is now answered as follows:
Question: Prepare Income and Expenditure A/c. for the year ending 31-03-2014.
Answer and explanation:
Note: See the attached excel file for the Income and Expenditure A/c. for the year ending 31-03-2014.
Both receipts and payments account and income and expenditure account are prepared by not-for-profit organizations such as charity organizations, human right campaign, clubs, etc.
Receipts and payments account is an account gives a summary of all the cash transitions, cash received and paid, that the organization engaged in during a particular period. It is similar to the cash book prepared by profit making organizations. The receipts and payments account is prepared in or to determine the balance of cash in hand or at bank or bank overdraft at the end of the period.
Income and expenditure account is an account gives a summary of all incomes and expenses of an organization during a particular period. It is similar to the trading and profit and loss account prepared by profit making organizations. The income and expenditure account is prepared in order to determine whether there is a surplus or a deficit balance during the period.
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Answer:
on the line
Step-by-step explanation:
Answer:
see below
Step-by-step explanation:
Video Game
20% off means you pay 80%
80 dollars * 80% =
80 * .80 = 64
Movie ticket
14 original price
Sale price = 11.40
14* p% = 11.40
Divide each side by 14
p% = 11.40/14
p% =81.4285714
You paid 81 3/7%
The discount is 100 -81 3/7%
18 4/7 % discount
Laptop
1000 original price
Sale price = 750
1000 * p% = 750
p% = 750/1000
p% =75%
You paid 75%
The discount is 100 -75%
25 % discount