# Question 24 Chapter 1 of +2 Part-1 – USHA Publication 12 Class Part – 1

Q-24 - CH-1 - Usha +2 Book 2018 - Solution

Question 24 Chapter 1 of +2-Part-1

24. (Treatment of Expenses) Find out the expenses to be charged to the Income and Expenditure account for the year ended 31-3-15 of Hockey Club Jalandhar :

 Particulars Rs. Actual expenses paid 1,68,000 Expenses outstanding on 1-4-14 12,600 Expenses outstanding on 31-3-15 4,200 Prepaid expenses on 1-4-14 2,100 Prepaid expenses on 31-3-15 8,400

### The solution of Question 24 Chapter 1 of +2 Part-1 : –

 Calculation of expenses chargeable to Income and Expenditure account Particulars Amount Actual Expenses paid during the year 1,68,000 Add: Prepaid in the beginning 2,100 Outstanding at the end of the year 4,200 6,300 1,74,300 Less: Prepaid at the end 8,400 Outstanding at the beginning of the year 12,600 (21,000) Expenses chargeable to Income and Expenditure Account 1,53,300

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