Amt (Rs.) | ||
(i) | Subscription received | 8,74,000 |
(including Rs. 1,84,000 of previous year) | ||
(ii) | Subscription outstanding for the current year | 23,000 |
(iii) | Salary Paid | 64,400 |
(including Rs. 6,900 of previous year) | ||
(iv) | Salary outstanding for the current year | 2,300 |
(v) | Electricity expenses | 6,900 |
(vi) | Tournament expenses | 27,600 |
(vii) | Travelling expenses | 23,000 |
(viii) | Meeting expenses | 13,800 |
(ix) | Rent | 41,400 |
(x) | Purchase of books and periodicals | |
(including Rs. 43,700 for books) | 66,700 | |
(xi) | Donation received | 46,000 |
(xii) | Printing and stationery | 34,500 |
(xiii) | Postage | 9,200 |
Answer:
Income And Expenditure Account Dr for the year ending... Cr
Expenditure Amt (Rs.) Income Amt (Rs.) To Salary 64,400 By Subscription 8,74,000 (-) Outstanding for Previous Year (6,900) (-) Outstanding for Previous Year (1,84,000) 57,500 6,90,000 (+) Outstanding for Current Year 2,300 59,800 (+) Outstanding for Current Year 23,000 7,13,000 To Electricity Expense 6,900 By Donations 46,000 To Tournament Expenses 27,600 To Travelling Expenses 23,000 To Meeting Expenses 13,800 To Rent 41,400 To Periodicals (66,700 ? 43,700) 23,000 To Printing and Stationery 34,500 To Postage 9,200 To Surplus i.e. Excess of Income over Expenditure 5,19,800 7,59,000 7,59,000
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