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

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प्रश्न

From the information given below, prepare the Receipts and Payments account of Coimbatore Cricket Club for the year ending 31st 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    
खातेवही
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उत्तर

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
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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 2: Accounts of not–for–profit organisation - Exercises [पृष्ठ ७१]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
पाठ 2 Accounts of not–for–profit organisation
Exercises | Q IV 2. | पृष्ठ ७१

संबंधित प्रश्‍न

Write the word/phrase/term, which can substitute the following sentence.

All such receipts which are non-recurring in nature and not forming a part a regular flow of income.


State whether the following statement is True or False with reasons.

There is no difference between Receipts and Payments Account and Income and Expenditure Account.


Receipts and payments account records receipts and payments of _____________.


Mayiladuthurai Recreation Club gives you the following details. Prepare Receipts and Payments account for the year ended 31st March, 2019.

Particulars Particulars
Opening cash balance 15,000 Salary of watchman 12,000
Opening bank balance 25,000 Club annual day expenses 15,000
Donations received 48,000 Lighting charges 16,500
Sale of old equipment 26,000 Entertainment expenses 13,500
Refreshment charges 13,000 Billiards table purchased 5,000
Club annual day collections 18,000 Expenses of charity show 3,000
Construction of tennis court 7,000 Sale of investments 12,000
Receipts from charity show 4,000 Closing cash balance 12,000
Rent paid 1,000    

Consider the following statements

Statement 1 - "Receipt and Payment Account records the receipts and payments of revenue nature only".

Statement 2 - "Receipt and Payment Account records the receipts and payments of revenue nature and capital nature".


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