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Compute the salaries that will be shown in the Income and Expenditure Account of City Club for the year ended 31st March, 2020 from the

Compute the salaries that will be shown in the Income and Expenditure Account of City Club for the year ended 31st March, 2020 from the following information: 1 st April, 2019 () 31st March, 2020 () Outstanding salaries 19,000 14,000 Prepaid salaries 5,600 10,400 Salaries pad during the year ended 31st March, 2020 was 2,97,800.

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