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The government of Sindh has given amenity plot free of cost to girl secondary school karachi valuing RS2million. It's also give regular monthly grant of
The government of Sindh has given amenity plot free of cost to girl secondary school karachi valuing RS2million. It's also give regular monthly grant of RS50000 to cover part salary of school teacher. The school has its own income from students fee Rs70000 per month. Besides salary the school incur monthly expenses of RS 4000 utilities Require (A) draw income expenditure account of school for the year closing June 30, 2021 (B) Draw the school statement of financial position
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