Question

19 DU
ended 31-3-2018 are as follows:
Salaries Rs.28,000, Sundry expenses Rs.1,000, Equipment purchased
Rs. 15,000, Charity show expense Rs.1,500, Charity show collection
Rs. 12,500. Additional Information:
Particulars
1-4-2017
31-3-2018
Subscription due
1,500
2,200
Subscription received in advance
1.200
700
Stock of medicine
10,000
15,000
Amount due for medicine supply
9,000
Value of equipment
13,000
21,000
Value of building
30,000
50,000
48,000
You are required to prepare Receipt and Payment Account and Incer
Expenditure Account and Balance Sheet for the yo
Opening cash balance in hand Rs.8,000, Subscription Rs.50,000,Donation
Rs. 15,000, Interest on Investment @ of 9% p.a. Rs.9,000, Payment
for medicine supply Rs.30.000, Honorarium to doctors Rs.10,000,​

Answer 1

Answer:

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