Question

(PSEB March 1999 modified)
33. The following is a summary of the cash transactions of a debating society for the year ended
31st March, 2019:
DR.
Receipts
Payments
To Balance from the Last Year
319 By Rent and Rates
To Subscriptions & Entrance Fees
1.855 By Wages of servants
To Donations
85 By Lighting
72
To Life membership Subscriptions
250 By Lecturers' Fees
To Interest on Investments
94 By Purchase of Fumitur
To Profit from Entertainment
42 By Otice Expenses
448
By Purchase of 500
Municipal Debentures
473
By Cash at Bank 18
342
By Cash in Handed
22
2,645
At the beginning of the year the society owned 4.000 goverment securities which had
cost 3.251 and furniture then valued at < 870. There were living at that date thirty-two life
members, each of whom had paid a subscription of so, but of these two died during the
year. Ordinary subscriptions in Amear at the beginning of the year amounted to * 35 and at
the end of the year to 45 and six months rent 60) was due both at the beginning and end
of the year. Prepare the society's Income and Expenditure Account for the year ended {lst
March, 2019 and Balance Sheet as on that date is to be written off by way of furniture
depreciation. Life membership subscriptions of living life members are held in a Lin
Membership Fund, but the life membership subscription of a life member who di
treated as the income of the year.
00answe​

Answer 1

Answer:

sorry I can't understand

Explanation: