Question

cash equivalent
SECTION D
IV. Answer ANY FOUR questions, each carrying twelve marks :
4X12=48
26) Following are the Balance Sheet and Receipts and Payments Account of Karnataka
Education Society Belagavi.
Balance Sheet as on 31-03-2019
Liabilities
Rs.
Assets
Rs.
Capital Fund
72,800 5% Govt. Bonds
62,000
Audit fees outstanding
5,000 Furnitures
6,500
Maps & Charts
3,200
Cash in hand
Subscriptions outstanding
77,800
Receipts and Payments Account for the year ending 31-03-2019
Receipts
Rs.
Payments
Rs.
To Balance b/d
4,100
5,000
By Audit fees
Subscriptions
41,000
Rent
Donation
5,000
Maps & Charts
Interest on Govt. Bonds
500
1,700
Stationery
16,000
Salary
Functions
2,100
Balance cld
17,800
51.800
51,800
4,100
2,000
77,800
66
3,600
6,800
68
66
66
66​

Answer 1

1000$ Is the saving And 375,000£ is the expenditure.!!!!