Q 36 Prepare Income and Expenditure Account from the following Receipts and Payments Account of Delh...........

Q 36. Prepare Income and Expenditure Account from the following Receipts and Payments Account of Delhi Nursing Society for the year ended 31st March, 2019:

RECEIPTS AND PAYMENTS ACCOUNT

for the year ended 31st March, 2019

Dr. Cr.

Receipts		Payments
To Balance b/d CashatBank	2,01,000	By Salaries of Nurses	65,600
	1,11,500		38,000
	27,000		20,000
	1,00,000		2,00,000
	1,56,000		84,000
	3,800		67,000
		CashatBank	1,24,700
	5,99,300		5,99,300

Donation of 10,000 received for Building Fund was wrongly included in the Subscriptions Account. A bill of medicines purchased during the year amounted to 12,800 was outstanding. Government Grant is not for a specific purpose

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