6. The Receipt and Payment Account of Clean Club is given below: Clean Club Receipt and Payment Account For the year ended March 31, 2017 Amount (Tk) Payments Receipts Balance b/d (Cash in hand) Subscriptions Entrance Fees Donations Rent of hall Sale of investments 3,200 22,500 1,250 2,500 750 3,000 33,200 Salary Rent Electricity Printing and Stationery Sundry expenses Books purchased Govt. bonds purchased Fixed deposit with bank (on 31.03.2017) Balance c/d: Cash in hand Cash at bank Tk 400 Tk 1,500 Amount (Tk) 1,500 800 3,500 380 920 7,500 10,000 5,000 1900 33,200 Required: Prepare the Income and Expenditure Account of Clean Club for the year ended March 31, 2017.
6. The Receipt and Payment Account of Clean Club is given below: Clean Club Receipt and Payment Account For the year ended March 31, 2017 Amount (Tk) Payments Receipts Balance b/d (Cash in hand) Subscriptions Entrance Fees Donations Rent of hall Sale of investments 3,200 22,500 1,250 2,500 750 3,000 33,200 Salary Rent Electricity Printing and Stationery Sundry expenses Books purchased Govt. bonds purchased Fixed deposit with bank (on 31.03.2017) Balance c/d: Cash in hand Cash at bank Tk 400 Tk 1,500 Amount (Tk) 1,500 800 3,500 380 920 7,500 10,000 5,000 1900 33,200 Required: Prepare the Income and Expenditure Account of Clean Club for the year ended March 31, 2017.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:6. The Receipt and Payment Account of Clean Club is given below:
Clean Club
Receipt and Payment Account
For the year ended March 31, 2017
Amount (Tk) Payments
Receipts
Balance b/d (Cash in hand)
Subscriptions
Entrance Fees
Donations
Rent of hall
Sale of investments
3,200
22,500
1,250
2,500
750
3,000
Salary
Rent
33,200
Electricity
Printing and Stationery
Sundry expenses
Books purchased
Govt. bonds purchased
Fixed deposit with bank (on 31.03.2017)
Balance c/d:
Cash in hand
Cash at bank
Tk 400
Tk 1,500
Amount (Tk)
1,500
800
3,500
380
920
7,500
10,000
5,000
1900
33,200
Required : Prepare the Income and Expenditure Account of Clean Club for the year ended March 31, 2017.
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