Q. 18. From the following Receipts and Payments Account of Rolaxe Club, for the
year ended 31st March, 2019, prepare Income and Expenditure Account for the
ended 31st March, 2019.
Receipts and Payments Account for the year ended 31st March, 2019
Receipts
₹
Payments
To Balance b/d
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Cash in hand
17,050 By Rent, Rates and Taxes
13.10
14.00
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