Accountancy, asked by yashgupta9819, 1 month ago

5) Following is the income and Expenditure Account of C.P. Club for the year ending 31" March,
2014:
(5)
Expenditure
Income
*
Salaries
77,750 Subscription
2,25,000
Stationery
6,250 Donations
Postage
4,000 Government Grant
Other Expenses
23,500 Interest on Fixed Deposit
Repairs
18,000
Sport Expenses
9,000
Pool Expenses
10,000
Affiliation Fee
2,500
Electricity
16,250
Billiard Room Expenses
6,250
Magazines
7,000
Audit Fee
1,250
Depreciation on:
Equipment
5,000
Building
12,500
Furniture
2,250
Surplus
90,000
2,91,500
2,91,500
The above account is prepared after considering the information given below:
Particulars
As at 1-4-13
As at 31-3-2014
Buildings
Sports Ground
Sports Equipment
Furniture
10% Fixed Deposit
Savings Bank Account
Subscription Due
Subscription received in Advance
5,00,000
5,00,000
30,000
25,000
40,000
5,50,000
5,00,000
45,000
30,000
40,000
1,25,000
10,000
5,000
25,000
15,000​

Answers

Answered by tariqpathan
0

Answer:

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