Question

Surs:
RECEIPTS AND PAYMENTS ACCOUNT
Receipt
To Cash in Hand
To Cash at Bank
To Donations
To Subscriptions
To Entrance Fees
40.000
By Salary
100.000
By Repair Expenses
50.000
By Furniture
1.20.000
10.000
1.000
4,000
1500
10.500
By Miscellaneous Expenses
By Investments
By Insurance Premium
By Billiard Table
By Paper, ink etc
By Drama Expenses
By Cash in Hand (Closing
By Cash at Bank (Closing)
337.000
To Sale of Drama Tickets
00
1300
5.000
25.500
3.37.000
Additional Information:
the year ended 31st March, 201973,500.
m Insurance Premium outstanding 400.
Miscellaneous expenses prepaid * 900.
(iv) 8% interest has accrued on investment for five months.
[Ans.: Surplus-166,500 Capital Fund (Beginning) 73.60.000:
Balance Sheet Total (31.3.2018)-5.30.400.)
51. From the following Receipts and Payments Account of Mamba The
Expenditure Account for the year ended 31 March 2018 and She
To Interest on Investments
To Interest Received from Bank
TO Sole of Old Newspapers
o Subscriptions in arrear for the year ended 31st March, 2018 9.000 and subscriptions in advance for
(v) Billiard Table costing3,00,000 was purchased during last year and 2,20.000 were paid for it​

Answer 1

Answer:

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Explanation:

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