Question 1 From the information given below prepare Receipts and Payments Account of Railway Club fo...........

Question:1

From the information given below, prepare Receipts and Payments Account of Railway Club for the year ended 31st march, 2019:

particular	Amount	Particular	Amount
Cash in Hand on 1st April, 2018	4,390	Salaries	21,500
Subscription	37,600	Honorarium to Secretary	2,500
Donations	8,000	Interest Received on Investments	2,950
Entrance Fees	4,300	Printing and Stationery	350
Rent Received for Club Halls	5,250	Petty Cash Expenses	900
Electricity Charges	3,440	Insurance Premium Paid	310
Taxes paid	490