Surplus = Income - Expenditure. Hence Expenditure = Income - Surplus = 2,60,000 - 85,000 = Rs. 1,75,000.
Note: This is a Not-for-Profit Organisation item; we classified it under Partnership Accounting as the nearest available subtopic.
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:
Held on 20 Aug 2022 · Verified 13 Jul 2026.
Rs. 1,85,000
Rs. 1,75,000
Rs. 3,45,000
Rs. 85,000
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