# Question 23 Chapter 1 of +2 Part-1 – USHA Publication 12 Class Part – 1

Q-23 - CH-1 - Usha +2 Book 2018 - Solution

Question 23 Chapter 1 of +2-Part-1

23. (Treatment of Expenses) Calculate actual expenses chargeable to Income and Expenditure account for the year ended 31-3-15 of Punjab Cricket Club:

 Particulars Rs. Actual expenses paid 2,07,900 Prepaid expenses on 1-4-14 11,340 Prepaid expenses on 31-3-15 7,560

### The solution of Question 23 Chapter 1 of +2 Part-1 : –

 Calculation of expenses chargeable to Income and Expenditure account Particulars Amount Expenses paid during the year 2,07,900 Add: Prepaid in the beginning 11,340 2,19,240 Less: Prepaid on 31.3.15 (7,560) Expenses chargeable 2,11,680

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Also, Check out the solved question of previous Chapters: –

## Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

• Chapter No. 1 – Accounting Not for Profit Organisations
• Chapter No. 2 – Partnership Accounts – I
• Chapter No. 3 – Partnership Accounts – II (Introduction)
• Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)
• Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)
• Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)
• Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)
• Chapter No. 8 – Company Accounts (Share Capital)
• Chapter No. 9 – Company Accounts (Issue of Debentures)
• Chapter No. 10 – Company Accounts (Redemption of Debentures)

## Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

• Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)
• Chapter No. 2 – Techniques of Financial Statement Analysis
• Chapter No. 3 – Ratio Analysis
• Chapter No. 4 – Cash Flow Statement