Question

Q4
Q4
Vishwa Shanti Mandal was established on 1.4.2011 and the following is the accounting
information for their first year ie. 2011 to 2012
(15)
Cr.
Dr.
Receipts and Payments Account for the year ending 31.3.2013
Receipts
Amt. Amt. Payments
Amt.
Amt.
To Subscriptions
1,90,000 By Furniture
40,000
20,000 By Books
30,000
To Entrance Fees
10,000
To Donations
1,50,000 By Printing and Stationery
By Newspapers etc.
5,000
By Office Rent
14,600
16,800
By Salary
By Fixed Deposit
2.00,000
By Balance c/d
Cash in hand
3,600
40,00043,600
Cash at bank
3,60,000|
3,60,000
Depreciate Furniture by Rs.2,000.
1.
Entire amount of entrance fees and donations are to be capitalized.
There are Rs 2,000 Members, each paying Rs 200 as annual subscription.
3.
Outstanding salaries Rs.1,200 and office rent Rs.1,400

Answer 1

डीआरआर रुपीस वन मेंबर इस पे इन रुपीस 100 एनिवर्सरी पर्सन आंसर

Answer 2

Explanation:

1. This sum has none capital fund