5 Problem 3. From the foilowing prepare Income & Expenditure Alc of Bombay Sports Club for the year ended 31st Dec. 2019 Receipts & Payment A/c for 2020 Rs. Receipts Payments Rs. 5200 To Balance b/d 300 By Rent To Entrance Fees 550 By Stationery Expenses etc 3.068

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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5 Problem 3. From the foillowing prepare Income & Expenditure Alc of Bombay
Sports Club for the year ended 31st Dec. 2019
Receipts & Payment A/c for 2020
Rs.
Receipts
Payments
Rs.
To Balance b/d
300 By Rent
5200
To Entrance Fees
550 By Stationery Expenses etc
3.068
Transcribed Image Text:5 Problem 3. From the foillowing prepare Income & Expenditure Alc of Bombay Sports Club for the year ended 31st Dec. 2019 Receipts & Payment A/c for 2020 Rs. Receipts Payments Rs. To Balance b/d 300 By Rent 5200 To Entrance Fees 550 By Stationery Expenses etc 3.068
UNIT-1(AA3EM)
To Subscriptions 2019
2020
2021
ToLockers Rent
To Subscriptions for Govenor's party
21
5330
3.900
806
1.500
2396
22.200
Lockers rent Rs. 60 pertain to 2019 and Rs. 90 still owing. Rent Rs. 1.300
pertained to 2019 and Rs. 1,300 is still due ; stationery expenses etc. Rs. 312 related
200 By Wages
16,900 By Billiards Table
300 ByRepairs
500 By Interest
3,450 By Balance cid
22,200·
to 2019 and Rs. 364 is still owing. Subscriotions unnaid for 2020 Rr
Transcribed Image Text:UNIT-1(AA3EM) To Subscriptions 2019 2020 2021 ToLockers Rent To Subscriptions for Govenor's party 21 5330 3.900 806 1.500 2396 22.200 Lockers rent Rs. 60 pertain to 2019 and Rs. 90 still owing. Rent Rs. 1.300 pertained to 2019 and Rs. 1,300 is still due ; stationery expenses etc. Rs. 312 related 200 By Wages 16,900 By Billiards Table 300 ByRepairs 500 By Interest 3,450 By Balance cid 22,200· to 2019 and Rs. 364 is still owing. Subscriotions unnaid for 2020 Rr
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