FINANCIAL S
(ii) The
(iii) Cha
[Ans. SL
1.90
FINANCIAL STATEMENTS OF NOT-FOR-PROFIT ORGANISATIONS
Receipts and Payments Account of Dee Club
for the year ending 31st March, 2019
R ₹
Receipts
Payments
To Balance b/d
2,000 By Salaries
42,500
To Subscription :
By Printing and Stationery
21,500
2017-18
1,200
By Furniture (1.10.2018)
15,000
2018-19
49,200
By 9% Investments
3,000
2019-20
2,300
52,700 By Balance c/d
16,850
To Sale of old furniture
(Book value 800)
500
To Donation for prizes
43,000
To Interest on Investment
650
98,850
98,850
Q. 35.
prepare Inca
R
Balance b/
Subscripti
(i) The club has 400 members, each paying an annual subscription of 150.
(ii) Salaries paid included 3,150 for the year 2017-18 and outstanding
salaries for the year 2018-19 were 4,250.
(ii) 9% investments were made on 30th November, 2018. The club had a
similar investment of 8,000 at the beginning of the year.
(iv) Depreciate furniture @ 10% p.a. No depreciation is to be charged on
furniture sold.
(C.B.S.E. 2020, Mumbai, C
[Ans. Deficit 5,340.]
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it is gerund that t s a new one are the same thing
running back to work with the bi community and jerry and we will be smile on our way to the meaningful moment we come down to you in
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sahsis
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