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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 |
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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 | |||
APPEARS IN
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".
Amount received from 'Special Contribution for Silver Jubilee' by a club should be treated as:
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 ______
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:
