RECEIPTS AND PAYMENTS ACCOUNT for the year ended 31st March, 2019 |
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Dr. | Cr. | ||||
Receipts | ₹ | Payments | ₹ | ||
To Balance b/d (cash) | 1,50,000 | By Salaries and Wages | 1,60,000 | ||
To Subscriptions | By Office Expenses | 35,000 | |||
2016-2017 | 60,000 | By Sports Equipments | 3,40,000 | ||
2018-2019 | 3,50,000 | By Telephone Charges | 24,000 | ||
To Donations | 50,000 | By Electricity Charges | 32,000 | ||
To Entrance Fees | 80,000 | By Travelling Expenses | 65,000 | ||
By Balance c/d (Cash) | 34,000 | ||||
6,90,000 | 6,90,000 | ||||
Books of You Bee Forty Club |
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Income and Expenditure Account for the year ended March 31, 2019 |
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Dr. |
|
Cr. |
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Expenditure |
Amount (₹) |
Income |
Amount (₹) |
||||
Salaries and Wages |
1,60,000 |
|
Subscriptions |
3,50,000 |
|
||
Add: Outstanding |
40,000 |
2,00,000 |
Add: Outstanding for 2018-19 |
55,000 |
4,05,000 |
||
Office Expenses |
35,000 |
Donations |
50,000 |
||||
Telephone Charges |
24,000 |
Entrance Fees |
80,000 |
||||
Electricity Charges |
32,000 |
|
|
||||
Travelling Expenses |
65,000 |
|
|
||||
Depreciation on Sports Equipments (34,0000 × 25%) |
85,000 |
|
|
||||
Surplus (Balancing Figure) |
94,000 |
|
|
||||
|
5,35,000 |
|
5,35,000 |
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