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प्रश्न
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 |
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उत्तर
| Dr. | Mayiladuthurai Recreation Club Receipts and Payments Account for the year ending 31.3.19 | Cr. | |
| Receipts | ₹ | Payments | ₹ |
| To Balance b/d (Cash) | 15,000 | By Rent | 1,000 |
| To Balance b/d (Bank) | 25,000 | By Refreshment charges | 13,000 |
| To Donations received | 48,000 | By Construction of tennis court | 7,000 |
| To Sale of old equipment | 26,000 | By Salary of watchman | 12,000 |
| To Club annual day collections | 18,000 | By Club annual day expenses | 15,000 |
| To Receipts from charity show | 4,000 | By Lighting charges | 16,500 |
| To Sale of investments | 12,000 | By Entertainment expenses | 13,500 |
| By Billiards table purchased | 5,000 | ||
| By Expenses of charity show | 3,000 | ||
| By Balance Cash | 12,000 | ||
| By Balance Bank | 50,000 | ||
| 1,48,000 | 1,48,000 | ||
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संबंधित प्रश्न
Write one Word/Term/Phrase for the following statement.
All such receipts which are non-recurring in nature and not forming a part of regular flow of income.
State whether the following statement is True or False.
There is no difference between Receipts and Payment Account and Income and Expenditure Account.
State whether the following statement is True or False with reasons.
Purchases of Sports Equipments is a Capital Expenditure.
Give four examples for capital receipts of the not-for-profit organisation.
From the information given below, prepare the Receipts and Payments account of Madurai Mother Theresa Mahalir Mandram for the year ended 31st December, 2018.
| Particulars | ₹ | Particulars | ₹ |
| Cash balance as on 1.1.2018 | 2,000 | Fire Insurance premium paid | 1,500 |
| Bank balance as on 1.1.2018 | 3,000 | Subscription received | 8,500 |
| Sale of old newspapers | 500 | Furniture purchased | 6,000 |
| Stationery purchased | 6,000 | Purchase of newspapers | 700 |
| Audit fees paid | 2,000 | Depreciation on furniture | 900 |
| Entrance fees received | 3,000 | Cash balance as on 31.12.2018 | 2,500 |
| Sundry charges | 6,000 | Conveyance paid | 1,000 |
| Scholarships given | 2,000 | Sale of furniture | 4,000 |
| Interest on investments | 2,000 |
A donation received for a special purpose is a ______
Which of the following represents capital receipt?
A school purchased a furniture for ₹ 80,000 and spent ₹ 1,200 for carriage. The furniture should be capitalised for:
Payment of Honorarium of Secretary is a ______.
Find the incorrect pair from group A and B.
