From the information given below, prepare Receipts and Payments Account of Railway Club for the year ended 31st march, 2019:
| (₹) | (₹) | ||
| Cash in Hand on 1st April, 2018 | 4,390 | Salaries | 21,500 |
| Subscription | 37,600 | Honorarium to Secretary | 2,500 |
| Donations | 8,000 | Interest Received on Investments | 2,950 |
| Entrance Fees | 4,300 | Printing and Stationery | 350 |
| Rent Received for Club Halls | 5,250 | Petty Cash Expenses | 900 |
| Electricity Charges | 3,440 | Insurance Premium Paid | 310 |
| Taxes paid | 490 | |
In the books of Railway Club
Receipts and Payments A/c for the year ended 31st March, 2019
| Receipts | Amount (Rs.) | Payments | Amount (Rs.) |
| To balance b/d | 4,390 | By Electricity Charges | 3,440 |
| To Subscriptions | 37,600 | By Taxes Paid | 490 |
| To Donations | 8,000 | By Salaries | 21,500 |
| To Entrance Fees | 4,300 | By Honorarium to Secretary | 2,500 |
| To Rent Received for Club Halls | 5,250 | By Printing and Stationery | 350 |
| To Interest Received on Investments | 2,950 | By Petty Cash Expenses | 900 |
| By Insurance Premium Paid | 310 | ||
| By balance c/d | 33,000 | ||
| 62,490 | 62,490 |