Question

Sm.)-Financial Acct.- I-G/CC-1.1 Cg/CBCS
(10)
Out of cheque paid to creditors, cheque dishonoured
5,000
Interest charged by creditors
400
500
Transfer to Sales Ledger
Closing Balance (Dr.) on 31.12.18
Prepare Creditors Ledger Adjustment Account in General Ledger
1,000
10
The following Receipts and Payments Account has been prepared for the year ended 31.12.2018 by
Burdwan Cricket Club.
Receipts and Payments Account
for the year ended 31.12.2018
₹
To Balance b/d
7,600
By Sports Equipment
(Purchased on 01.09.18)
20,000
To Subscription for 2018
37,000
for 2017
2,000 By Salary and Wages
2,500 By Printing and Stationery
6,000
for 2019
600
To Interest of Govt. Securities
@5% of cost
By Electricity Charges
1,000
1,000
By Tournament Expenses
13,000
To Entrance Fees
5,000
By Balance cld
14,500
55,100
55,100
Other assets and liabilities of the club as on 01.01.18 were :
Sports equipment 35,000, Club Ground 15,000, Furniture 5,000, Capital Fund 84,600. Considering
he following information prepare an Income and Expenditure Account for the year ended 31.12.18 and
Balance Sheet as on that date :
1) Subscription for 2018 still outstanding 1,000.
1) Depreciation to be provided @20% p.a. on sports equipment and @5% p.a. on furniture.
10​

Answer 1

Answer:

what is this

ask only homework or school lessons doubts or general knowledge

This is brianly.

And if your question is correct then keep all in order not a one word for one sentence