________ is the amount received as per the will of a deceased person.

Compute Rent for the year ended 31st March 2021 from the following: | 01.04.2020 | 31.03.2021 Outstanding Rent | ₹19,000 | ₹14,000 Prepaid Rent | ₹5,600 | ₹10,400 Rent paid during the year ₹ 2,97,800.

If the total income earned by Saket Club, a Not-for-profit organisation is ₹ 2,60,000 and surplus earned is ₹ 85,000, the total expenditure incurred will be:

Sports Star Charitable Club has income of ₹16,000 and 'deficit' debited to capital fund of ₹ 4,300 for the year 2019-20, then expenditure for 2019-20 is:

The following information below is related to an NPO: Receipts | Amount (₹) | Payments | Amount (₹) To interest on Investments | Nil | By 8% Investments [01-10-18] | 60,000 If the firm closes its accounts on 31st March every year, what amount of accrued interest on investments wi…

Credit purchase of stationery is ₹ 64,000, which is 80% of total purchase, compute cash purchase of stationery.

How will you deal with the following items while preparing for the Bombay Women Cricket Club, its Income & Expenditure Account for the year ending 31st March 2021 and its Balance Sheet, on the same date: Donation for the pavilion construction ₹ 12,25,000, Expenditure incurred ₹10…

Extract of Receipt and Payment Account for the year ended 31st March 2021 is given. Calculate the amount of stationery to be shown in Income & Expenditure Account. Payment of stationery: ₹ 23,000. Additional Information: | 1st April 2020 | 31st March 2021 Stock of stationery | 4…

From the following information, calculate interest on capital of C, a partner for the year ended 31st March, 2022: C's Capital on 31/03/2022: ₹12,00,000 Profit credited to C for the year ended 31/03/2022: ₹ 3,00,000 Drawings made during the year: ₹ 1,00,000 Additional Capital int…