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Complete the table: Income 25,000 Expenditure ______ Deficit 2,000 - Book Keeping and Accountancy

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Question

Complete the table:

Income Expenditure Deficit
25,000 ______ 2,000
Complete the Table
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Solution

Income Expenditure Deficit
25,000 27,000 2,000

Explanation:

Income = 25,000

Deficit = 2,000

Expenditure = x

Deficit = Expenditure − Income

 2,000 = x − 25,000

x = 25,000 + 2,000

x = 27,000

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2025-2026 (March) Board Question Paper
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