Adjustment Calculator

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Calculating expense/income amounts and adjustments

Sabih

Pakistan

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Compléter Adjustment CalculatorVersion en ligne Calculating expense/income amounts and adjustments par Sabih 1 Rent paid : Rs . 120 , 000 for one year . 3 months relate to next year . Prepayment = Rs . 2 Electricity expense : Rs . 80 , 000 paid . Estimated December bill : Rs . 12 , 000 not yet received . Accrual = Rs . 3 Insurance paid : Rs . 60 , 000 for 15 months . Prepayment after 12 months = Rs . 4 Rent income received : Rs . 180 , 000 for 18 months . Unearned income after 12 months = Rs . 5 Opening accrual : Rs . 8 , 000 . Payments during year : Rs . 95 , 000 . Closing accrual : Rs . 10 , 000 . Expense for year = Rs . 6 Opening prepayment : Rs . 12 , 000 . Payments during year : Rs . 144 , 000 . Closing prepayment : Rs . 15 , 000 . Expense for year = Rs . 7 Commission earned but not received : Rs . 25 , 000 . Accrued income = Rs . 8 Subscription received in advance : Rs . 48 , 000 for 2 years . Unearned income after 1 year = Rs . 9 Opening accrued income : Rs . 5 , 000 . Cash received : Rs . 120 , 000 . Closing accrued income : Rs . 8 , 000 . Income for year = Rs . 10 Opening unearned income : Rs . 15 , 000 . Cash received : Rs . 200 , 000 . Closing unearned income : Rs . 20 , 000 . Income for year = Rs .