21. From the following receipts and payments account and additional information of swachh Bharat Club, New Delhi for the year ended 31st March, 2018, prepare income and expenditure account and balance aheet. Receipts and Payments Account of Swachh Bharat Club Dr for the year ended 31st March, 2018 Cr Receipts Amt (3) Payments Amt (3 To Balance bld By Campaign Expenses 1,30,000 Cash 20,000 By Office Rent 40,000 Bank 40,000 60,000 By Salary 10,000 To Subscriptions 1,80,000 By Furniture Hire Rent 12,000 To Sale of Old Furniture 2,000 By Advertisement 15,000 (book value 3,000) To Life Membership Fees 30,000 By Fixed Deposit 2,00,000 To Government Grants 2,00,000 (On 1.8.2017 @ 12% p.a.) By Balance cld Cash 25,000 Bank 40,000 65,000 4,72,000 4,72,000 ng on 31st vable was 5,000. Additional Information 0 Assets on 1.4.2017 were: Books 7 50,000; Computers * 75,000. Liabilities and Capital fund on 1.4.2017 were : Creditors ? 60,000; Capital fund ? 1,28,000.
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from the following receipt and payment account and additional information prepare income and expenditure account for the year ended 31 march 2019 and balance sheet as on date
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