(Ans: 27
21. From the following particulars of Nethaji Club, prepare the Receipts and Payne
[HSE March 2011
(Ans: Closing balance of bank? 31.450
vestment
Interest on Tou
(Hint: Since the fund is constituted for a
to that fund should be shown in it on the liabilities sic
the assets side.)
Account for the year 2009.
Opening Cash balance
Opening Bank balance
Subscription :
2008
2009
2010
Refreshment
Sports materials purchased
Grant from Government
Rent paid
Office expenses
Entrance fee received
Closing balance of cash
4,000
7,800
1,500
5,000
1,400
500
7,100
14,500
450
1,100
7,800
1,400
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