Practicing Success
An Organisation shows ₹90,000 Balance of a fund in its Income and Expenditure A/c which was 60% of total fund received during the year whereas 40% was capitalised. How much amount was there in Receipt and Payment A/c? |
₹36,000 ₹54,000 ₹90,000 ₹1,50,000 |
₹1,50,000 |
Total amount received for fund 90,000* 100/60 = 150000 |