The Income and Expenditure Account of the Country Club is: Income and Expenditure Account for the year ended 31 December 2013 Dr. Cr. Expenditure Amount Income Amount To Salaries To General Expenses To Depreciation To Excess of Income over expenditure 1,750 500 300 500 By Subscription By Donation 2,000 1,050 3,050 3,050 Adjustments are made in respect of the following: Subscription for 2012 unpaid at 1 January 2013 Rs.200, Rs.180 of which was received in 2013. Subscription paid in advance at 1 January 2013 Rs.50. Subscription paid in advance at 31 December 2013 Rs.40. Subscription for 2012 unpaid at 31 December 2013 Rs.70. Sundry Asset at the beginning of the period Rs.2,600, Sundry Asset after depreciation Rs.2,700 at the end of the period. Cash balance at 1 January 2013 Rs.160. Prepare a Receipts and Payments Account.
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S prepare 3 of 1 January 2013 Rs 2028 salaries to general expenses to make donation by subscription of 2000 and 1000 3003 2015 adjustments are made in 17618 18 period of time and payment account and most cash balance at 660
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