Given:
Determine the balance
A.
415,000 debit
B.
215,000 credit
C.
215,000 debit
D.
315,000
Correct answer is C
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)