Gudmrng all...
Accounts Assignment...
Fill In the Blanks
1. Hospitals, schools, clubs, are examples of _______________
2. Donation for Building is shown in __________ side of balance sheet.
3. The total of income side of Income and Expenditure Account is more than the total of
expenditure side by Rs.25,000. Rs.25,000 is ___________
4. Rent paid by Jaipur Club was Rs.40,000. If rent outstanding for the years ended 31stMarch,
2019 and 31st March, 2018is Rs. 15,000 and Rs. 2,000 respectively. Rent shown in Income and
Expenditure Account will be __________ .
5. The Balance Sheet as at 31st March, 2019 of Rotary Club of Jaipur shows total asset at Rs.
5,99,500. If the creditors for Medicines and Rents is Rs.99,000 and Rs. 500 respectively and
Surplus of the Club for the year was Rs. 50,000. The Opening Capital Fund was
______________
6. Subscription received in advance in the current year is shown on _________ side of Balance
Sheet.
7. A club has 400 members each paying an annual subscription of Rs. 300. On 31st March,
2019 Advance Subscription is Rs. 2,000 and Outstanding Subscription is Rs. 7,000. Income and
expenditure will be credited by_________ as subscription for the year ended 31st March, 2019.
8. A Society has 500 members each paying Rs. 100 as annual subscription. It received Rs.
40,000 towards subscription during the year. Subscription received in advance at the beginning of
the year was Rs. 12,000. In the Receipts and Payments Account Subscription Received will be
shown as ______________.
9. Subscription income for the year is a _____________income.
Answers
Answer:
1 npo
2 liability
3 surplus
4 53000
5 idk refer dk goyal
6 liability
7 idk
8 50,000
9 normal
Explanation:
Answer:
The correct answer to the filler in the blanks are mention below:
Explanation:
1. Hospitals, seminaries , clubs, are exemplifications of NPO
2. Donation forStructure is shown in ___Liability side of balance sheet.
3. The aggregate of income side of Expenditure and income Account is further than the aggregate of expenditure side by Rs.25,000. Rs.25,000 is __Surplus_____
4. Rent paid by Jaipur Club was Rs.40,000. If outstanding rent for the times ended 31stMarch, 2019 and 31st March, 2018 is Rs.15,000 and Rs. 2,000 independently. Rent shown in Income and Expenditure Account will be _53000_ .
5. Balance Sheet as at 31st March, 2019 of Rotary Club of surat shows total asset at Rs.5,99,500. If the creditors for Medicines and Rents is Rs.99,000 and Rs.500 independently and the supernumerary of Club for the year was Rs. 50,000. The Opening Capital Fund was__450000__
6. Subscription received in advance in the current year is shown on ___Liability __ side of Balance Sheet.
7. A club has 400 members each one of them paying an annual subscription fee of Rs.300. On 31st March, 2019 the advance Subscription is Rs.2,000 and Outstanding Subscription is Rs.7,000. Income and expenditure will be credited by_120000_as subscription for the year ended 31st March, 2019.
8. In a society there are 500 members each paying Rs. 100 as annual subscription. It entered Rs.40,000 from subscription during the year. Subscription that was entered in advance at the beginning of the year was Rs. 12,000. In the Receipts and Payments Account Subscription will entered be shown as_50000
9. Subscription income for the time is a ___normal__ income.
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