If the total income earned by Saket Club, a Not-for-Profit organisation is Rs. 2,60,000 and surplus earned is Rs. 85,000 , then total expenditure incu - Accountancy MCQ CUET Accountancy 2022 20 Aug Shift 2 2026 | ExamTest.live

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

Solution & Step-by-step Explanation

Surplus is the excess of Total Income over Total Expenditure. Surplus = Total Income - Total Expenditure 85, 000 = 2, 60, 000 - Total Expenditure Total Expenditure = 2, 60, 000 - 85, 000 = Rs. 1, 75, 000

Try it yourself before checking the explanation above.

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

Rs. 1, 85, 000

Rs. 1, 75, 000

Rs. 3, 45, 000

Rs. 85, 000

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