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Following is the Receipt and Payment Account of Women 39 s Welfare Club for the year ended 31st Marc...........

Following is the Receipt and Payment Account of Women's Welfare Club for the year ended 31st March, 2019:

RECEIPTS AND PAYMENTS ACCOUNT

for the year ended 31st March, 2019

Dr. Cr.

Receipts		Payments
To Cash in Hand	22,500	Salary	1,25,000
To Cash at Bank	50,000	By Stationery	17,000
To Subscriptions	8,17,500	By Electric Charges	95,500
To Donations	30,000	By Insurance	75,000
To Government Grant	1,50,000	By Equipments	3,00,000
To Sale of Newspapers	3,000	By Petty Expenses	5,000
To Proceeds of Charity Show	1,65,000	By Expenses on Charity Show	1,29,000
To Interest on Investments @ 10% for full year	70,000	By Newspapers	10,000
To Sundries Income	4,000	By Lectures Fee	1,65,000
		By Honorarium to secretary	1,20,000
		By Cash in Hand	20,500
		By Cash at Bank	2,50,000
	13,12,000		13,12,000

Additional Information:

Particulars	1st April, 2018	31st March, 2019
Outstanding Salaries	12,000	18,000
Insurance Prepaid	7,000	3,000
Subscription Outstanding	37,500	25,000
Subscription received in advance	17,500	10,000
Electricity Charges outstanding	...	12,500
Stock of Stationery	22,500	7,000
Equipments	2,56,000	5,02,000
Building	12,00,000	11,40,000

Prepare Income and Expenditure Account for the year ended 31st March, 2019,and Balance Sheet as on that date

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