Question

500
00
lo
October, 2013)
11,960 By Printing and Stationery
18. Following is the Receipts and Payments Account of Chamber of Commerce,
Amravati for the year ending 31st March, 2012 and some additional
information.
Receipts and Payments Account for the year ending 31-03-2012
Cr.
Receipts
Amt. (3)
Payments
ami. )
To Balance b/d
6,950
(Cash at bank)
By Repairs
2,100
To Subscription
36,500 By Rent
8,500
(Including * 2,500 for 2010-11)
By Books
20,000
To Sale of furniture
12,000 By. Travelling expenses
2,000
(Book value * 18,000)
By Investments
40,000
To Donation for building fund
27,000 By Insurance
1,700
To Admission fees (Revenue)
5,050 By Balance c/d (Cash at bank)
11,260
92,510
92,510
Additional Information :
Particulars
Amount Amorint )
Outstanding subscription
3,000
5,000
Furniture
32,000 12,600
Building fund
1,45,000
Capital fund
1,51,960
Investment
2,50,000
Prepare Income and Expenditure A/c for the year ended 31st March, 2012 and
Balance Sheet as on that date.
Surplus = 7 15,400/-; Closing Capital Fund = + 1,67,360/-;
Arg.:
Balance Sheet Total = 3,39,360/-
(March, 2014)
hS
9​

Answer 1

Answer:

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