Question

From the trial balance and other information given below for a school prepāre
Income and Expenditure Account for the year ended on 31.3.2006 and a Balance
Sheet as on that date:
Debit Balance
Amour Credu Balance
Amount
(RS.)
Building
12.500
6.25.000 Admission feest
Furniture.
5.00.000
1.00.000 trion fees received
Library books.
1.50.000 Creditors for supplies
15.000
Investment 212%,
5.00.000 Rent for the school hall
10.000
Salaries'
30.000
5,00.000 tiscellaneous receipts
Stationery
Government geni]
3.50.000
General expenses
18.000 General fund
10.00.000
Sports expenses
15.000 Donation for isbrary booksL. 62,500
Cash at bank
50.000 Sale of old furniture
20.000
Cash in hand
2.000
20.00.000
20.00.000
Additional Information:
(0) Fees yet to be recewed for the year are Rs. 25.000 +
(11) Salaries yet to be paid amount to Rs.30.000+
(0 Furniture costing Rs. 40000 was purchased on October 1. 2005.4
(w) The book value of the furniture sold was Rs 50.000 on Aprit 1. 2005
(u) Depreciation is to be charged a 10% pop on furniture, 15% p.a. on Library books.
and 5% p.a. on building.
1​

Answer 1

Answer:

this is a bank question this is bank question that's why I cannot answer is