41. The following is the Receipts and Payment Account of khana Club for the year ended 31st
Dec. 2019
DR.
CR.
Receipts
Payments
To Balance b/d
300
By Rent
5,200
To Entrance fees
550 By Stationary
3,068
To Subscription 2018
200 By Wages
5,330
To Subscription 2019 Ols
16.900 By Billiard Table
3,900
To Subscription 2020
300 By Repairs
806
To Lockers Rent
500 | By Interest
1,500
To Special Subscription
for dinner party
3,450 By Balance c/d
2,396
22,200
22,200
Additional Information:
(1) Subscription unpaid for the year 2019, 468. O's
(ii) Stationary 312 related to 2018 and 364 on account is still owing.
(111) Locker's rent include * 60 for 2018 and 90 is still owing. Rent 1,300 relates to 2018
and 1,300 is still due. (iv) Building on 31 Dec. 2018 was 50,000.
Asst side
Prepare an Income and Expenditure A/c of khana Club for the year ending 31st December
2019.
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(C) Situation behavior ?
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