Pls answer this question asap very urgent question asap very urgent question - Accountancy - Accounting for Not-for-Profit Organisation

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Pls answer this question asap very urgent question asap very urgent
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Shubham Kalra · Accepted Answer

Dear student,

Raja's executors a/c

date
particulars
Rs
date
particulars
Rs

2020

2019

march 31
to balance c/d
246000
nov 1
by raja's capital a/c
240000

2020

march 31
by interest a/c
(240000×6100×512)
6000

246000

2020

nov 1
to bank a/c
(60000+6000+8400)
74400
april 1
by balance b/d
246000

2021
march 31
by balance c/d
184500
nov 1
by interest a/c
(240000×6100×712)
8400

2021

march 31
by interest a/c
(180000×6100×512)
4500

258900

2021

nov 1
to bank a/c
(60000+4500+6300)
70800
april 1
by balance c/d
184500

nov 1
by interest a/c
(180000×6100×712)
6300

therefore, the amount paid on 1st Nov 2021 is Rs 70800

Regards!!

date	particulars	Rs	date	particulars	Rs
2020			2019
march 31	to balance c/d	246000	nov 1	by raja's capital a/c	240000
			2020
			march 31	by interest a/c ( $240000 \times \frac{6}{100} \times \frac{5}{12}$ )	6000
		246000			246000

2020			2020
nov 1	to bank a/c (60000+6000+8400)	74400	april 1	by balance b/d	246000
2021 march 31	by balance c/d	184500	nov 1	by interest a/c ( $240000 \times \frac{6}{100} \times \frac{7}{12}$ )	8400
			2021
			march 31	by interest a/c ( $180000 \times \frac{6}{100} \times \frac{5}{12}$ )	4500
		258900			258900

2021			2021
*nov 1*	to bank a/c (60000+4500+6300)	*70800*	april 1	by balance c/d	184500
			nov 1	by interest a/c ( $180000 \times \frac{6}{100} \times \frac{7}{12}$ )	6300