Get Started
Start Free Mocks
CUETMOCK

Ace Your

CUET Preparation Today

Start Free Mocks
Home Questions S5EUMYJTTS
Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Accounts for Non Profit Organsiation

Question:

If the total income earned by Saket Club, a Not-for-Profit organization is ₹2,60,000 and the surplus earned is ₹85,000, then the total expenditure incurred will be:

Options:

₹1,85,000

₹1,75,000

₹3,45,000

₹85,000

Correct Answer:

₹1,75,000

Explanation:

The correct answer is option 2- ₹1,75,000.

Expenditure + surplus = Income
           Exp + 85,000   = 2,60,000
Exp = 2,60,000 - 85,000
       = ₹1,75,000

CUET Questions