Accountancy, asked by ankitjaat8311, 1 day ago

prepare Balance b/d Q. 35. From the following Receipt and Payment A/c of a charitable dispensary, Income and Expenditure A/c for the year ended on 31st March, 2019: Receipt and Payment A/c for the year ended on 31st March, 2019 Receipts Amount Payments Amount ₹ ₹ 65,000 Rent 1,10,000 Subscriptions : Salaries 60,000 2017-18 5,000 Medicines purchased 30,000 2018-192,00,000 Machineryolo 2019-2020,000 20,000 2,25,000 (Purchased on 1st Oct., 2018) 1,00,000 Locker rent 30,000 Insurance Premium 30,000 Entrance Fees 20,000 Electricity 20,000 Life membership fee 60,000 Balance c/d 50,000 4,00,000 4,00,000 Additional Information: (1) Subscription of 1,500 is still in arrear for the year ended 31st March, 2018. (ii) Subscription Outstanding as at 31st March, 2019 41,500. (iii) Stock of medicines on 31st March, 2018 was 6,000 and on 31st March, 2019 was 10,000. (iv) One month rent is outstanding.​

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