Practicing Success
An organisation received ₹85,000 for the building fund. Out of which 40% was capitaised. How much amount will be shown in Income and Expenditure a/c ? |
₹85,000 ₹51,000 ₹34,000 None of these |
₹51,000 |
Revenue Receipt will be = 85000 - ( 40% of 85,000) = ₹51,000 |