Numerical - Calculate cash outflow on salary
Q. Given salary expenses Rs 40,000, Outstanding in the beginning of the year: Rs 5,000 and outstanding at the end of the year Rs 10,000. Cash outflow on salary will be:- Published on 11 Sep 15a. Rs 45,000
b. Rs 35,000
c. Rs 55,000
d. Rs 15,000
ANSWER: Rs 35,000