Question

and Company's Cashbook.
(20)
0.3 Prepare Income and Expenditure Account and Balance Sheet of Iqra Foundation
from the following Receipts and payment Account for the period ended on 30"
June, 2017
(20)
Receipts
Amount (Rs.) Payments Amount (Rs.)
Balance
1,320
6,274 Grants to members
Entrance fee (25 @ Rs.100)
2,500 Salaries
675
Annual subscription:
Rend and rates
1.266
2016
200
Postage & telegram
136
2017
2.900
Repair to premises
425
2018
150
3,250 Investment
13,000
Legacies
12,600 Furniture purchased
1,700
Miscellaneous receipts
3,450 Cash in office
3.578
Sale of old furniture
1,500 Cash at bank
7.880
Donations
406
29,980
29.980
Additional information:
i) Annual subscription for each member is Rs. 120, Rs. 240 being in arrear for 2016.
Prepaid rent and rates Rs. 300.
Postage and telegram Rs. 56 related to 2016, One-half of the legacies are to be
treated as income.
At July, 2016 the building and premises stood in the books at Rs. 35,000
investment Rs. 12,000 and furniture Rs. 3,000.
v) Depreciation is to be provided at the rate of 10% p.a. on furniture and writing down
investments by 5% (opening balance only).​

Answer 1

Answer:

ऑऋठॅठोक की हम इस नायाब मंच के माध्यम से हम इस नायाब मंच के माध्यम के माध्यम ओ मेरे लिए तो ये है कि इस तरह की घटनाओं के ई सुख सरिता सदा से एक बार फिर से