Company Sheet as on that date:
RECEIPTS AND PAYMENTS ACCOUNT for the year ended 31st March, 2019
3 ₹ Payments
G
3
eipts
Balance bld
Annual Subscription
Life Membership Fees
Entrance Fees
Interest on Investment
(Investment on 31st March, 2018: 10,000)
Sundry Receipts
4,800
6,520
1,000
4,960
570
By General Expenses
By Salaries and Wages
By Furniture
By Rent and Taxes
By Stationery
By Balance cld
2,150
2.200
3200
2240
500
7870
320
18,170
18,170
Adjustments:
From the following information prepared from Cash Book of Gymkhana Club, prepare
Income and Expenditure Account for the year ended on 31st March, 2019 and Balance