4 Fom the figures given below, prepare an Income and Expenditure At to 2020 Receipts Rs. Payments To Opening Balance hand Bank To Subsoriptions 2019 220 2021 To Sales of Investments To Sale of oid Furniture (B.V. Rs.400) By Salaries 200 By Rent 1,600 By Stationery & Postage By Bicycle Purchased 500 By National Saving Cert. 8,300 By Help to Needy Students 600 By Balance 2,000 300 In Hand At Bank 300 2.400 13,500 Subeorptions for 2020 still receivable were Rs.700, Interest
4 Fom the figures given below, prepare an Income and Expenditure At to 2020 Receipts Rs. Payments To Opening Balance hand Bank To Subsoriptions 2019 220 2021 To Sales of Investments To Sale of oid Furniture (B.V. Rs.400) By Salaries 200 By Rent 1,600 By Stationery & Postage By Bicycle Purchased 500 By National Saving Cert. 8,300 By Help to Needy Students 600 By Balance 2,000 300 In Hand At Bank 300 2.400 13,500 Subeorptions for 2020 still receivable were Rs.700, Interest
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![UNIT-1(AA3EM)
4. From the figures given below, prepare an Income and Expenditure Ait tr
2020
20
Rs.
Payments
Rs
Receipts
To Opening Balance
4.00
By Salaries
200 By Rent
1,600 By Stationery & Postage
By Bicycle Purchased
500 By National Saving Cert.
8,300 By Help to Needy Students
600 By Balance
2,000
300
hand
Bank
To Subsoriptions
2019
200
2021
To Sales of Investments
To Sale of oid Furmiture (B.V. Rs.400)
20
30
3.00
200
In Hand
At Bank
300
2400 2.7
13:500
13,500
SOsorptions for 2020 still receivable were Rs.700, Interest due on
saimp
cerificates Rs 100 and rent unpaid but due was Rs.60
g8RRY](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc9ecc353-4435-4e76-a333-0e34402b8e3f%2F50495029-78fe-4733-ae4a-4829d2277f57%2F07gy2qn_processed.jpeg&w=3840&q=75)
Transcribed Image Text:UNIT-1(AA3EM)
4. From the figures given below, prepare an Income and Expenditure Ait tr
2020
20
Rs.
Payments
Rs
Receipts
To Opening Balance
4.00
By Salaries
200 By Rent
1,600 By Stationery & Postage
By Bicycle Purchased
500 By National Saving Cert.
8,300 By Help to Needy Students
600 By Balance
2,000
300
hand
Bank
To Subsoriptions
2019
200
2021
To Sales of Investments
To Sale of oid Furmiture (B.V. Rs.400)
20
30
3.00
200
In Hand
At Bank
300
2400 2.7
13:500
13,500
SOsorptions for 2020 still receivable were Rs.700, Interest due on
saimp
cerificates Rs 100 and rent unpaid but due was Rs.60
g8RRY
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