Question

₹
(i
13,100
14,000
15,000
16,000
5,000
(iit
1,000
31st March, 2019.
Receipts and Payments Account for the year ended 31st March, 2014
Receipts
₹
Payments
To Balance bld
By Advertisement
Cash in hand
17,050 By Rent, Rates and Taxes
Current a/c with bank
18,570 By Repairs
To Donations
20,000 By Printing and Stationery
To Proceeds from charity show 16,200 By Government Bonds
To Subscription
52,000 By Telephone Expenses
To Life membership fees
5,250 By Furniture (purchased on
To Entrance fees
6,000 1st July, 2018)
To Interest on investment
By Balance c/d
7,200 Cash in hand
Cash at Bank
1,42,270
70,000
Depre
You a
31st Marc
[Ans
1,16,500
Q.1
@ 7% for the year
3,170
5,000
1,42,270
year enda
Additional Information :
(i) Depreciate furniture by 15% p.a.
(ii) There were 416 Life Members on 31.3.2018 the subscription payable by each
member, to be a life time member is 125.
₹
(iii) Subscription outstanding on 31st March, 2018
6,000
Subscription outstanding on 31st March, 2019
7,000
Subscription received in advance on 31st March, 2018 4,000
Subscription received in advance on 31st March, 2019 5,000
Balance
Subscri
Entranc
Tourna
Sale of
Legacy
Other
C С
CRSE Sample Panor 2020​

Answer 1

Answer:

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