Question

LING FOR NOT-FOR-PROFIT ORGANISATION
OUVING FOR
cash transactions and other transactions of a school run by a Public Charitable Trust
March
Summary of cash transaction
are given below:
02.0001
ount for
Opening Balances as on January 1, 2019
-Cash in hand
- Post office savings
- Current Account with SBI
Staff salaries
Fees collected
Fees outstanding
Government grants (Gross)
Grants not yet released
Aid received from trust
General expenses paid
Bills not yet met
Extension of building Contractor's bill
Cheque issued
Closing balances as on December 31, 2019:
Cash in hand
Post office savings bank Account
Current Account with SBI
Prepare Receipts and Payments Account.
200
17.000
2.15.000
15.25.000
8,12.000
2.12.000
8.02.000
1.15.000
10.85.250
112.000
17.500
12.12,000
10,50.000
nt
150
12.100
LAD.
​

Answer 1

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Answer 2

Answer:

117200

Explanation:

Balance of current account at the end of the year