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During the year 2015-16 an accounts tutor receive fee of rupees 1lakh from his students. fees still to be received is rupees 2 lakh 50 thousand. he also incurred expense of rupees 3 lakh 60 thousand out of which rupees 40 thousand is not yet paid. he also purchased furniture for rupees 1lakh during the year. he received rupees 20 thousand by way of consultancy for career counseling. you are required to determine his income for the year on (i) accrual basis and (ii)cash basis? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about During the year 2015-16 an accounts tutor receive fee of rupees 1lakh from his students. fees still to be received is rupees 2 lakh 50 thousand. he also incurred expense of rupees 3 lakh 60 thousand out of which rupees 40 thousand is not yet paid. he also purchased furniture for rupees 1lakh during the year. he received rupees 20 thousand by way of consultancy for career counseling. you are required to determine his income for the year on (i) accrual basis and (ii)cash basis? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for During the year 2015-16 an accounts tutor receive fee of rupees 1lakh from his students. fees still to be received is rupees 2 lakh 50 thousand. he also incurred expense of rupees 3 lakh 60 thousand out of which rupees 40 thousand is not yet paid. he also purchased furniture for rupees 1lakh during the year. he received rupees 20 thousand by way of consultancy for career counseling. you are required to determine his income for the year on (i) accrual basis and (ii)cash basis?.

Solutions for During the year 2015-16 an accounts tutor receive fee of rupees 1lakh from his students. fees still to be received is rupees 2 lakh 50 thousand. he also incurred expense of rupees 3 lakh 60 thousand out of which rupees 40 thousand is not yet paid. he also purchased furniture for rupees 1lakh during the year. he received rupees 20 thousand by way of consultancy for career counseling. you are required to determine his income for the year on (i) accrual basis and (ii)cash basis? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.

Here you can find the meaning of During the year 2015-16 an accounts tutor receive fee of rupees 1lakh from his students. fees still to be received is rupees 2 lakh 50 thousand. he also incurred expense of rupees 3 lakh 60 thousand out of which rupees 40 thousand is not yet paid. he also purchased furniture for rupees 1lakh during the year. he received rupees 20 thousand by way of consultancy for career counseling. you are required to determine his income for the year on (i) accrual basis and (ii)cash basis? defined & explained in the simplest way possible. Besides giving the explanation of During the year 2015-16 an accounts tutor receive fee of rupees 1lakh from his students. fees still to be received is rupees 2 lakh 50 thousand. he also incurred expense of rupees 3 lakh 60 thousand out of which rupees 40 thousand is not yet paid. he also purchased furniture for rupees 1lakh during the year. he received rupees 20 thousand by way of consultancy for career counseling. you are required to determine his income for the year on (i) accrual basis and (ii)cash basis?, a detailed solution for During the year 2015-16 an accounts tutor receive fee of rupees 1lakh from his students. fees still to be received is rupees 2 lakh 50 thousand. he also incurred expense of rupees 3 lakh 60 thousand out of which rupees 40 thousand is not yet paid. he also purchased furniture for rupees 1lakh during the year. he received rupees 20 thousand by way of consultancy for career counseling. you are required to determine his income for the year on (i) accrual basis and (ii)cash basis? has been provided alongside types of During the year 2015-16 an accounts tutor receive fee of rupees 1lakh from his students. fees still to be received is rupees 2 lakh 50 thousand. he also incurred expense of rupees 3 lakh 60 thousand out of which rupees 40 thousand is not yet paid. he also purchased furniture for rupees 1lakh during the year. he received rupees 20 thousand by way of consultancy for career counseling. you are required to determine his income for the year on (i) accrual basis and (ii)cash basis? theory, EduRev gives you an ample number of questions to practice During the year 2015-16 an accounts tutor receive fee of rupees 1lakh from his students. fees still to be received is rupees 2 lakh 50 thousand. he also incurred expense of rupees 3 lakh 60 thousand out of which rupees 40 thousand is not yet paid. he also purchased furniture for rupees 1lakh during the year. he received rupees 20 thousand by way of consultancy for career counseling. you are required to determine his income for the year on (i) accrual basis and (ii)cash basis? tests, examples and also practice Commerce tests.