Question

13. Elite Sports Club gives you
the following
Receipts and Payments Account for the year ended
31st December, 2017 :
Receipts
Cash in hand
Cash at bank
Rent of the hall
Sale of grass
Life membership
Entrance fees
Subscriptions
Donations
150
2,100
3,000
100
2,000
200
5,800
1,500
Payments
Mowing machine
Rent
Groundsmen's fees
Salaries to coaches
Office expenses
Sports equipment
Cash in hand
Cash at bank
1.100
500
1,500
4,500
2,400
1,200
350
3,300
14,850
14,850
Additional Information :
(i) Subscription due on 31st December, 2016 and
31st December, 2017 were $900 and 800
respectively
(ii) Subscription received also include subscription
for the year 2018 amounting to p 200
(iii) Sports equipment in hand on 31st December,
2016
1,100. The value placed on
this equipment in hand on 31st December, 2017
was 1,300
(i) The mowing machine purchased
1st January, 2017 and is to be depreciated @
was
was
on
20% p.a.
(U) Office expenses include 300 for 2016 and
400 are still due for payment
Prepare Income and Expenditure Account for the
6
year 2017
HS/XII/Com/Ac/18/53​

Answer 1

Answer:

"100" (and any subsequent words) was ignored because we limit queries to 32 words.