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In the financial year 2017-18, A …

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In the financial year 2017-18, A man earned a total revenue of `6,90,000, out of which `4,70,000 was received in cash. The total expense paid by him were `4,40,000, out of which `20,000 pertained to 2018-19 and expenses of `30,000 are still outstanding. Determine Aman's income for the year 2017-18 as per : (i) Cash basis of accounting (ii) Accrual basis of accounting

    • Posted by Jiya Kumari 2 months, 2 weeks ago

    CBSE > Class 11 > Accountancy
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