Question

Write an Essay on a topic ‘ Adventures and Science’

Answer 1

Answer:

ILLUSTRATION 1.

From the following particulars relating to Rotary Club, New Delhi, prepare a

Receipt and Payment Account for the year ending March 31, 2019:

7,500

48,000

Cash in hand as on April 1, 2018

Cash at bank as on April 1, 2018

Subscriptions collected for the year ending :

31st March, 2018

31st March, 2019

31st March, 2020

Donations received

Donation received for Pavilion

8% Investments purchased on 1-07-2018

Purchase of refreshments

Rent paid

Entrance fee received

Honararium to Secretary

Interest on 8% Investments

Furniture purchased

Sale of old furniture (Cost 6,000)

Sports materials purchased

Sale of refreshments

Salaries and Wages

Sports expenses (including unpaid expenses 5,000)

Cash in hand as on March 31, 2019

Depreciate furniture @ 10% p.a.

15,000

2,20,000

6,000

25,000

2,00.000

2,00.000

12,000

6,000

18,000

10,000

9,000

20,000

4,000

80,000

30,000

74,000

25,000

6,200bg

OTTI