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प्रश्न
From the following information, prepare the Receipts and Payments account of Cuddalore Kabaddi Association for the year ended 31st March, 2019.
| Particulars | ₹ | Particulars | ₹ |
| Opening cash balance (1.4.2018) | 11,000 | Interest and bank charges | 250 |
| Bank overdraft balance (1.4.2018) | 20,000 | Miscellaneous income | 350 |
| Stationery purchased | 5,200 | Upkeep of ground | 550 |
| Travelling expenses | 1,800 | Grant from Government | 12,000 |
| Dividend received | 3,000 | Telephone charges paid | 2,800 |
| General expenses | 500 | Endowment fund receipts | 10,000 |
| Admission fees | 4,000 | Insurance premium paid | 2,000 |
| Courier charges | 2,000 | Electricity charges paid | 5,000 |
| Municipal taxes paid | 3,000 | Closing cash balance (31.03.2019) | 1,750 |
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उत्तर
| Dr. | Cuddalore Kabadi Association Receipts and Payments Account for the year ending 31.03.19 | Cr. | |
| Receipts | ₹ | Payments | ₹ |
| To Balance B/d (Cash) | 11,000 | By Bank overdraft | 20,000 |
| To Miscellaneous income | 350 | By Stationery purchased | 5,200 |
| To Grant from Government | 12,000 | By Travelling expenses | 1,800 |
| To Endowment fund receipts | 10,000 | By General expenses | 500 |
| To Dividend | 3,000 | By Courier charges | 2,000 |
| To Admission fees | 4,000 | By Municipal taxes | 3,000 |
| To Bank Overdraft | 4,500 | By Interest and bank charges | 250 |
| By Upkeep of ground | 550 | ||
| By Telephone charges | 2,800 | ||
| By Insurance premium | 2,000 | ||
| By Electricity charges | 5,000 | ||
| By Balance c/d (Cash) | 1,750 | ||
| 44,850 | 44,850 | ||
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संबंधित प्रश्न
Credit side of Receipts and Payments Account shows cash ______.
From the following Receipts and Payments Account and additional information provided by Ramanath Club, Prepare Income and Expenditure Account for the year ending on 31st March 2021.
| Receipts and Payments Account for the year ending 31st March, 2021 | ||||
| Receipts | Amount (₹) | Payments | Amount(₹) | |
| To Balance b/d | 48,000 | By Salaries and Wages: | ||
| To Subscription | 95,000 | 2019-20 | 10,600 | |
| To Entrance Fee | 1,56,000 | 2020-21 | 1,03,200 | 1,13,800 |
| To Locker rent | 50,000 | By Sundry expenses | 47,000 | |
| To Interest on 8% govt. Securities | 5,400 | By Refreshment expenses | 60,400 | |
| To Revenue from refreshment | 52,000 | By Telephone bill | 5,000 | |
| To Sale of old newspapers | 4,600 | By Rent & Rates | 24,000 | |
| To Sale of furniture (Book value: ₹ 11,000) | 12,000 | By Library Book | 25,000 | |
| By 8% Govt. Securities | 30,000 | |||
| By Honorarium to Secretary | 5,000 | |||
| By Balance c/d | 1,12,800 | |||
| 4,23,000 | 4,23,000 | |||
Additional Information:
- Subscription received during the year includes ₹ 25,000 as donation for Building.
- Telephone bill unpaid as on March 31, 2020, was ₹ 4,000 and on March 31, 2021, ₹ 2,600.
- Value of 8% Government Securities on March 31, 2020, was ₹ 80,000.
- Additional Government Securities worth ₹ 30,000 were purchased on March 31, 2021.
How would you treat the following item in the case of a 'not-for-profit' organization?
"Tournament Fund Rs.40.000. Tournament Expenses Rs.14.000. Receipts from Tournament Rs.16.000."
Complete the following sentence.
"______ donations are to be utilized to promote the general purpose of the organization".
Identity the type of fund stated below:
'Himanshu Club has a fund which can only be used for the distribution of prizes.'
A donation received for a special purpose is a ______
Subscription received by a school for organising annual function is treated as ______.
Out of the following items, which one is shown in the Receipts and Payments Account?
Receipts and Payments Account features include:
A school purchased a furniture for ₹ 80,000 and spent ₹ 1,200 for carriage. The furniture should be capitalised for:
