Hit Counter0003976783 Since: 13-06-2011
Calculate interest for the year 2012-13 in r/o Shri X,A.T.O. treasury having following detail:- |
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Opening balance as on 01-04-2012 |
156845 |
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Monthly Subscription |
1000 |
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Refundable Adv. drawn on 25th May (refundable @ 1000/10) |
10000 |
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DA arrear (June-2012) |
2300 |
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Rate of Interest |
8.60% |
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Month |
Subscription |
Refund |
Arrears |
Total Deposit |
Withdrawal |
Progressive |
|
Apr-12 |
1000 |
0 |
0 |
1000 |
0 |
157845 |
|
May-12 |
1000 |
0 |
0 |
1000 |
10000 |
148845 |
|
Jun-12 |
1000 |
0 |
2300 |
3300 |
0 |
152145 |
|
Jul-12 |
1000 |
1000 |
0 |
2000 |
0 |
154145 |
|
Aug-12 |
1000 |
1000 |
0 |
2000 |
0 |
156145 |
|
Sep-12 |
1000 |
1000 |
0 |
2000 |
0 |
158145 |
|
Oct-12 |
1000 |
1000 |
0 |
2000 |
0 |
160145 |
|
Nov-12 |
1000 |
1000 |
0 |
2000 |
0 |
162145 |
|
Dec-12 |
1000 |
1000 |
0 |
2000 |
0 |
164145 |
|
Jan-13 |
1000 |
1000 |
0 |
2000 |
0 |
166145 |
|
Feb-13 |
1000 |
1000 |
0 |
2000 |
0 |
168145 |
|
Mar-13 |
1000 |
1000 |
0 |
2000 |
0 |
170145 |
|
|
12000 |
9000 |
2300 |
23300 |
10000 |
1918140 |
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Opening balance as on 01-04-2012 |
156845 |
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Deposits |
23300 |
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Interest= Progressive (Rs.1918140/-) x Rate of Interest (8.6%)/12 |
13747 |
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Total |
193892 |
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Withdrawal |
10000 |
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Closing balance as on 31-03-2013 |
183892 |