from the following reciept &payment account of Santosh club 31-3-18 prepare income and expenditure account and balance sheet
Reciepts
balance b/d 50000
intrest on investment 2400
donation 17000
sunscription 300000
rent recieved 17000
sale of news paper 600
total 440000
Payment
furniture 13000
salary 64500
miscellaneous expenses 52000
telephone charges 12000
fax machine 6000
6% investment(on 1-8-17) 100000
printing and stationary 19000
balance c/d 86500
total 440000
Adjustments
subscription include 15000 for March 2019
the amount of subscription outstanding march 2018 is 20000
salary unpaid march 18 is 8000
rent recivable 2000
opening stock of stationary 12000
Closing stock of stationary 15000
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Answer:
srry mate I don't know what you are exactly trying to say
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