Following are the balance sheet and receipt and payment account of Gurudeva education Trust , Tumkur 31/ 03/2017. Balance sheet as on 31/03/2017. Liabilities ₹ Outstanding office exp. 5000. Bank loan. 35000. Capital Fund. 120000. * 160000. Assets. ₹. Cash in hand. 15000. Furniture. 25000. Building. 70000. Sports Materials. 20000. Library books. 30000. * 160000.
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Explanation:
The following is the Balance sheet and Receipt and payment account of Anvita Education Society, Bangalore.
Balance sheet as on 31.03.2016
Liabilities Rs Assets Rs
Capital fund
Audit fees outstanding
36,400
2,500
Cash in hand
Maps and Charts
5% Govt. Bonds
Subscriptions Outstanding
Furniture
2,050
1,600
31,000
1,000
3,250
38,900
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