Question

From the information given below, prepare the Receipts and Payments account of Coimbatore Cricket Club for the year ending 31^st March, 2019.

Particulars	₹	₹	Particulars	₹
Bank overdraft (1.4.2018)		6,000	Honorarium paid	2,800
Cash in hand (1.4.2018)		1,000	Water and electricity charges	700
Wages paid for ground maintenance		2,000	Match expenses	2,600
Subscription received:			Sports material purchased	1,900
Previous year	500		Match fund receipts	5,200
Current year	9,600		Legacies received	2,000
Subsequent year	400	10,500	Cash balance (31.03.2019)	300
Wages yet to be paid		2,200	Donation received for pavilion	2,000
Interest on loan paid		2,000

Answer 1

Dr.	Coimbatore Cricket Club Receipts and Payments Account for the year ending 31.03.19			Cr.
Receipts	₹	Payments		₹
To Balance b/d (Cash)	1,000	By Bank Overdraft		6,000
To Subscription	10,500	By Wages Paid		2,000
To Match Fund Receipts	5,200	By Interest on loan		2,000
To Legacies Received	2,000	By Honorarium paid		2,800
To Donation reced.	2,000	By Water and Elec. Charges		700
		By Match Exp.		2,600
		By Sports Material purchased		1,900
		By Balance c/d
		Cash		300
		Bank		2,400
	20,700			20,700