Question

1,40.000 1,40.000 Receipts and Payments Account for the year ending 31.03.2019 Dr. Receipts Cr. Amount ®) Payments Amount To Balance bid To Subscriptions To Entrance fees To Donations To Sports fees To Interest on Investment To Locker rent To Prize fund 45,000 By Salary 45.000 60.000 By Sports materials 80,000 5,000 By Newspapers 6.000 20,000 By Sports expenses 60.000 80,000 By Electricity charges 8,000 8,000 By Printing and stationeries hiii 12.000 10,000 By Balance cld 57.000 40.000 2,68,000 2,68,000 Adjustments: a) Subscriptions outstanding for the year ending 31.03.2019 - 310,0 b) Capitalise 50% of donations c) Depreciate furniture by 10% p.a. d) Salary outstanding as on 31.03.2019 - 35.000 Prepare : Income and Fxnenditure Account for the year​

Answer 1

Answer:

20000

left out income..