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Question
Complete the Table:
Rent received during the year
| Sr.No | Total Received ₹ | Rent received in Advance/Accrued | ₹ | Income for the year ₹ |
| 1 | 1,300 | Received in Advance | 200 | ? |
| 2 | ? | Received in Advance | 400 | 1,400 |
| 3 | 2,650 | Received in Advance | ? | 2,000 |
| 4 | ? | Accrued | 290 | 3,190 |
| 5 | 1,700 | Accrued | ? | 2,150 |
| 6 | 2,600 | Accrued | 500 | ? |
Chart
Fill in the Blanks
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Solution
| Sr.No | Total Received ₹ | Rent received in Advance/Accrued | ₹ | Income for the year ₹ |
| 1 | 1,300 | Received in Advance | 200 | 1,100 |
| 2 | 1,800 | Received in Advance | 400 | 1,400 |
| 3 | 2,650 | Received in Advance | 650 | 2,000 |
| 4 | 2,900 | Accrued | 290 | 3,190 |
| 5 | 1,700 | Accrued | 450 | 2,150 |
| 6 | 2,600 | Accrued | 500 | 3100 |
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Chapter 2: Accounts of ‘Not for Profit’ Concerns - Exercise 2.1 (Objective Type Questions) [Page 114]
