TU
nu duce lees have been treated as Tenu DOWw.
CR.
DR.
RECEIPTS AND PAYMENTS ACCOUNT
Receipts
Payment
To Balance b/d
20,250 By Salaries
To Subscription :
By Misc. expenses
2017-18
400 By Postage & Printing
2018-19
20,500 By Expenses on Drama
2019-20
600 By Newspapers
To Donations
5,400 By Scholarship
To Sale of Waste Papers
450 By Literacy Seminar
To Sale of Drama Tickets
9,500 By Library Books
By Electricity Charges
By Rent
By Bank Deposits (for 3 years)
By Balance c/d
57,100
(1) Society has 250 members each paying 100 p.a. 500 is still in arrears for 2017-18.
(2) Interest @ 12% p.a. has accrued on deposits for 6 months.
(3) Rent payable is 500.
(4) Salary * 2,000 is payable for 2018-19. Salary for 2017-18 was in arrears 1,500 which
was paid in 2018-19.
6,000
700
1.500
4.500
1.600
8,000
6,000
12,000
1,000
3,000
10,000
2.800
57.100
27. From the following Receipts and Payments Account of the Missionary Educational Society
for the year ending 31.3.19, prepare Income and Expenditure account and a Balance Sheet
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Sorry I can't get answer so sorry for u
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