Question

From the following particulars taken from the Cash Book of a health club.
prepare a Receipts and Payments Account.
Rs.
Opening balance:
Cash in Hand
5.000
Cash at Bank
25,000
Subscriptions
1.65,000
Donations
35.000
Investment Purchased
80,000
Rent Paid
20.000
General Expenses
21,500
Postage and stationery
2,000
Courier charges
1,000
Sundry Expenses
2.500
Closing Cash in Hand
12,000
(Ans: Cash at Bank (balancing figure) Rs. 91,000)​

Answer 1

Explanation:

this is the answer of question