Prepare Income and Expenditure Account from the following Receipts and Payments Account of Delhi Nursing Society for the year ended 31st March, 2019
Receipts And Payments Account
for the year ended 31st March, 2019
Receipts | (Rs.) | Payments | (Rs.) |
To Balance b/d (Cash at Bank) | 2,01,000 | By Salaries of Nurses | 65,600 |
1,11,500 | 38,000 | ||
27,000 | 20,000 | ||
1,00,000 | 2,00,000 | ||
1,56,000 | 84,000 | ||
3,800 | 67,000 | ||
(Cash at Bank) | 1,24,700 | ||
5,99,300 | 5,99,300 |
Book of Delhi Nursing Society
Income and Expenditure Account
for the year ended 31st March, 2019
Expenditure | Amount (Rs.) | Income | Amount (Rs.) | ||
Salaries of Nurses | 65,600 | Subscriptions | 11,1500 | ||
Board, Laundry and Domestic Help | 38,000 | Less: Donation for Building | (10000) | 1,01,500 | |
Rent Rates and Taxes | 20,000 | Fees from Non-members | 27,000 | ||
Expenses of Car | 84,000 | Municipal Grant | 1,00,000 | ||
Drugs and Incidental Expenses | 67,000 | Interest | 3,800 | ||
Add: Outstanding Expenses | 12,800 | 79,800 | Deficit (Balancing Figure) | 55,100 | |
2,87,400 | 2,87,400 |