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Question
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 | ? |
Fill in the Blanks
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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) |
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Chapter 2: Accounts of ‘Not for Profit’ Concerns - Exercise 2.1 (Objective Type Questions) [Page 113]
