Question

Ex. 1 The following is the Receipt and Payment Statement of the Charitable Hospital, for ending March 1998. book Rs. Receipts Rs. Payments 4000 15000 20000 12000 2400 To Capital Fund To Visit Fees To Receipts from Dispensing To Sundry receipts To Donations 5000 3000 omez 500 10000 By Furniture By Salaries to staff By Surgical Instruments By Purchase of Drugs By Traveling Exp. By Rent & taxes By Stationery By Lighting By Journals By Closing Balance 1200 1800 21,2 리, 2 100 200 erefc 300 39500.00 57500 Total Total 57500 2,9 1. The amounts outstanding for visits and dispensing were Rs. 1.200 and 900 respectively. 2. Salary payable amounted to Rs.600. 3. Stock of drugs on 31/3/98 was Rs.800. 4. Amount payable for purchase of drugs was Rs.300. 5. Furniture and equipment's to be depreciated at 10%. You are required to prepare Income and Expenditure Account for the year ended and the Balance Sheet as at 31/3/98 of the Charitable Hospital. -​

Answer 1

Answer:

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