Question

FINANCIAL STATEMENTS OF NOT-FOR-PROFIT ORGANISATIONS
1.83
Receipts
To Balance b/d
To Subscriptions (Including
600 received in advance)
To Interest on Investments
(Cost of Investments 50,000)
To Bank Interest
To Sale of furniture
(Book value 5,000)
To Life Membership fees
₹
Payments
6,000 By Salaries
By Rent
40,000 By Stationery
By Postages
6,000 By Bicycle
200 By Govt. Bonds
By Balance c/d
2,400
8.100
62,700
15,400
12,300
700
400
1,800
12,500
19,600
62,700
Subscriptions include 33,200 for the last year; rent include 900 paid for the last
year. Subscriptions outstanding of the current year are 4,500. Rent outstanding for
the month of March, 2019 is 1,000 and a payment for stationery is also due for $250.
On 1-4-2018, Club had land valued 350,000 and furniture valued at $15,000.
[Ans. Opening Capital Fund 31,23,300; Surplus *15,150; Balance Sheet Total
31,48,400.)​

Answer 1

Answer:

Can you send a picture to this question. It's really difficult to answer it like this. Please.