Given:
Determine the balance
- 415,000 debit
- 215,000 credit
-
215,000 debit
- 315,000
The correct answer is: C
Explanation
Income = 210,000 + 80,000 + 60,000 = 350,000
Expenditure = 20,000 + 15,000 +40,000 10,000 + 50,000 = 135,000
350,000 - 135,000 = 215,000 Debit balance (income)