Q. Salary paid in cash during the current year was ₹80,000; Outstanding salary at the end was ₹4,000; Salary paid in advance last year pertaining to the current year was ₹3,200; paid in advance during current year for next year was ₹5,000. The amount debited to Income and Expenditure Account will be:
  • (A) ₹74,200
  • (B) ₹82,200
  • (C) ₹77,800
  • (D) ₹85,800
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✅ Correct Answer: (B) ₹82,200

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Ram Sharma
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