If income is 16 000 and lsquo deficit rsquo debited to capital fund is 4 300 then expenditure is mda...........

General Accounting Principles Not for profit organisation

If income is ` 16,000 and ‘deficit’ debited to capital fund is ` 4,300, then expenditure is—

16,000

4,300

20,300

None of these

expenditure - income = deficit ( as expenditure is more )

expenditure -16000 = 4300

expenditure = 4300+16000

= Rs. 20,300

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Pls explain

how??? if inome is receipt then why incomes become expenditure?