{"id":45229,"date":"2024-04-15T21:55:03","date_gmt":"2024-04-15T21:55:03","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=45229"},"modified":"2024-04-15T21:55:03","modified_gmt":"2024-04-15T21:55:03","slug":"donation-received-during-the-year-rs-5000-donation-received-in-advance-rs-500-outstanding-donation-rs-300-amount-credited-in-income-and-expenditure-will-be","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/donation-received-during-the-year-rs-5000-donation-received-in-advance-rs-500-outstanding-donation-rs-300-amount-credited-in-income-and-expenditure-will-be\/","title":{"rendered":"Donation received during the year Rs. 5,000. Donation received in advance Rs. 500, outstanding donation Rs. 300. Amount credited in Income and expenditure will be"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Rs. 5,100&#8243; option2=&#8221;Rs. 4,800&#8243; option3=&#8221;Rs. 5,500&#8243; option4=&#8221;Rs. 5,300&#8243; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is A. Rs. 5,100.<\/p>\n<p>The amount of donation received during the year is Rs. 5,000. Out of this, Rs. 500 is received in advance and Rs. 300 is outstanding. Therefore, the amount credited in Income and expenditure will be Rs. 5,000 &#8211; Rs. 500 + Rs. 300 = Rs. 5,100.<\/p>\n<p>Option B is incorrect because it does not take into account the amount of donation received in advance. Option C is incorrect because it does not take into account the amount of outstanding donation. Option D is incorrect because it is the total amount of donation received, not the amount credited in Income and expenditure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Rs. 5,100&#8243; option2=&#8221;Rs. 4,800&#8243; option3=&#8221;Rs. 5,500&#8243; option4=&#8221;Rs. 5,300&#8243; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-45229","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Donation received during the year Rs. 5,000. Donation received in advance Rs. 500, outstanding donation Rs. 300. Amount credited in Income and expenditure will be<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/donation-received-during-the-year-rs-5000-donation-received-in-advance-rs-500-outstanding-donation-rs-300-amount-credited-in-income-and-expenditure-will-be\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Donation received during the year Rs. 5,000. Donation received in advance Rs. 500, outstanding donation Rs. 300. Amount credited in Income and expenditure will be\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Rs. 5,100&#8243; option2=&#8221;Rs. 4,800&#8243; option3=&#8221;Rs. 5,500&#8243; option4=&#8221;Rs. 5,300&#8243; correct=&#8221;option1&#8243;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/donation-received-during-the-year-rs-5000-donation-received-in-advance-rs-500-outstanding-donation-rs-300-amount-credited-in-income-and-expenditure-will-be\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-15T21:55:03+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Donation received during the year Rs. 5,000. 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Amount credited in Income and expenditure will be","og_description":"[amp_mcq option1=&#8221;Rs. 5,100&#8243; option2=&#8221;Rs. 4,800&#8243; option3=&#8221;Rs. 5,500&#8243; option4=&#8221;Rs. 5,300&#8243; correct=&#8221;option1&#8243;]","og_url":"https:\/\/exam.pscnotes.com\/mcq\/donation-received-during-the-year-rs-5000-donation-received-in-advance-rs-500-outstanding-donation-rs-300-amount-credited-in-income-and-expenditure-will-be\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-04-15T21:55:03+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/donation-received-during-the-year-rs-5000-donation-received-in-advance-rs-500-outstanding-donation-rs-300-amount-credited-in-income-and-expenditure-will-be\/","url":"https:\/\/exam.pscnotes.com\/mcq\/donation-received-during-the-year-rs-5000-donation-received-in-advance-rs-500-outstanding-donation-rs-300-amount-credited-in-income-and-expenditure-will-be\/","name":"Donation received during the year Rs. 5,000. 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