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1 From the following prepare a Receipts and Payments A/c Rs. Cash in Hand Cash at Bank Subscription received Donation received Investments purchased 1,000 Rent paid General expenses Postage & Stationery 100 150 3,390 260 400 210 70

1 From the following prepare a Receipts and Payments A/c Rs. Cash in Hand Cash at Bank Subscription received Donation received Investments purchased 1,000 Rent paid General expenses Postage & Stationery 100 150 3,390 260 400 210 70

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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I. Preparation of Receipts and Payments A/c 1 From the following prepare a Receipts and Payments A/c Rs. Cash in Hand Cash at Bank Subscription received Donation received Investments purchased Rent paid General expenses Postage & Stationery 100 150 3,390 260 1,000 400 210 70
Transcribed Image Text:I. Preparation of Receipts and Payments A/c 1 From the following prepare a Receipts and Payments A/c Rs. Cash in Hand Cash at Bank Subscription received Donation received Investments purchased Rent paid General expenses Postage & Stationery 100 150 3,390 260 1,000 400 210 70
Sundry expenses Cash Balance at close 30 20
Transcribed Image Text:Sundry expenses Cash Balance at close 30 20
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