Question

1. From the following information, prepare receipts and payments account for the year
ended on 31 March, 2018 of Jain Club, Thandla :
Cash balance on 1st April, 2017*880; Subscription 7,520; Donation Received
*1,600; Entrance Fee * 860; Rent Received * 1,050; Electric Charges * 680; Tax
100; Salary 4,300, Honorarium to Secretary *500; Income on Investment *590;
Stationery * 70; Petty expenses *180; Insurance Premium * 60.
[Ans : Cash Balance * 6,610]
& par​

Answer 1

Explanation:

Amount

680

100

4300

500

70

180

60

6610 Answer

12500

-5890

For Receipt , Amount and Payment all are available in image but Credit side amount are not showing in image because I am written here.