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From the Following Particulars of Glorious Club, Prepare Receipts and Payments Account for the Year Ended 31st March 2019. - Accountancy

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प्रश्न

From the following particulars of Glorious Club, prepare Receipts and Payments Account for the year ended 31st March 2019. 

Particulars  Amount(₹)
Opening balance of cash 16,000
Subscriptions (including ₹ 13,000 for 2017-18) 93,000
Investments purchased  35,000
Maintenance expenses 15,000
Locker rent 40,000
Life membership fees 85,000
Insurance premium  6,000
खातेवही
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उत्तर

In the books of Glorious Club
Receipts & Payment A/c
for the year ended 31st March, 2019

Dr.   Cr.
Receipts
Amount()
Payments Amount()
To balance b/d
16,000
By Investments 35,000
To Subscriptions:
 
By Maintenance Expenses 15,000
2017-18 - 13,000
 
By Insurance Premium 6,000
2018-19 - 80,000
93,000
By balance c/d 1,78,000
To Locker rent
40,000
   
To Life Membership Fees
85,000
   
 
2,34,000
  2,34,000
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2019-2020 (March) Delhi Set 1
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