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प्रश्न
From the information given below, prepare the Receipts and Payments account of Kurunji Sports Club for the year ended 31st December, 2018.
| Particulars | ₹ | Particulars | ₹ |
| Cash in hand (1.1.2018) | 4,000 | Paid for printing charges | 2,500 |
| Salaries paid | 3,000 | Lockers rent received | 1,000 |
| Life membership fees received | 10,000 | Tournament receipts | 14,000 |
| Subscription received | 15,000 | Tournament receipts | 10,500 |
| Rent received | 2,000 | Investments purchased | 25,000 |
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उत्तर
| Dr. | Kurinji Sports Club Account for the year ended 31st Dec 2018 | Cr. | |
| Receipts | ₹ | Payments | ₹ |
| To Balance b/d (Cash) | 4,000 | By Salaries | 3,000 |
| To Life membership fees | 10,000 | By Printing Charges | 2,500 |
| To Subscription | 15,000 | By Tournament Exp. | 10,500 |
| To Rent received | 2,000 | By Investment Purchased | 25,000 |
| To Locker Rent Recd. | 1,000 | By Balance C/d (Cash) | 5,000 |
| To Tournament Receipts | 14,000 | ||
| 46,000 | 46,000 | ||
APPEARS IN
संबंधित प्रश्न
Donation for Scholarship Fund is ______.
State whether the following statement is True or False with reasons.
Purchases of Sports Equipments is a Capital Expenditure.
What is receipts and payments account?
What is the nature of the Receipt and payment Account?
Complete the following sentence.
"______ donations are to be utilized to promote the general purpose of the organization".
Which of the following is not a capital receipt?
Which of the following represents capital receipt?
The Receipts and Payments Account is a summary of ______.
Payment of Honorarium of Secretary is a ______.
From the following Receipts and Payments Account of Bharati Vidyapeeth College, Kolhapur for the year ending 31st March, 2019 and additional information, Prepare Income and Expenditure Account for the year ended 31st March, 2019 and a Balance Sheet as on that date.
| Dr. | Receipts and payment Account for the year ended 31st March, 2019 |
Cr. | |
| Receipts | Amount ₹ | Payments | Amount ₹ |
| To Balance b/d: | By Salaries to: | ||
| Cash | 12,000 | Teaching Staff | 15,00,000 |
| Bank | 2,00,000 | Office Staff | 8,55,000 |
| To Interest | 60,000 | By Printing & Stationery | 27,000 |
| To Donation | 7,00,000 | By Books | 88,000 |
| To Tuition Fees | 15,00,000 | By Furniture (Purchased on 1-1-2019) | 78,000 |
| To Admission Fees | 65,000 | By Drama Expenses | 90,000 |
| To Term Fees | 4,00,000 | By Postage | 7,000 |
| To Drama Receipts | 1.00,000 | By Telephone Charges | 6,000 |
| To Rent from use of Hall | 6,000 | By Electricity | 61,000 |
| To Legacies (Capital) | 60,000 | By Magazines and Newspaper | 6,500 |
| By Balance c/d : | |||
| Cash | 62,000 | ||
| Bank | 3,23,000 | ||
| 31,03,000 | 31,03,000 | ||
Additional information:
| Particulars | 01.04.2018 | 31.03.2019 |
| Books | 9,00,000 | 8,88,000 |
| Furniture | 3.26.000 | 3,00,000 |
| Building Fund | 8,27,000 | ? |
| Capital Fund | 6,11,000 | ? |
- 60 % Donations are for Building Fund and Balance is to be treated as Revenue Income.
- Outstanding Office Staff Salaries ₹ 70,000
