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Prepare Income and Expenditure Account for the year ending 31st March, 2017,

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Prepare Income and Expenditure Account for the year ending 31st March, 2017, on the basis of given Receipts and Payments Account for the year ending 31 March, 2017.


 

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[Note: Books Purchased, Govt. Bonds, & F.D. with Bank are to be capital expenditure so will not entered in Income Expenditure Account.]

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