21. From the following particulars, prepare Income and Expenditure account for the year ended 31st   March 2020 and the Balance sheet as on that date: Receipts and Payments account for the year ended 31st March 2020.    Rs.  Rs. Balance b/d 10,000Wages and Salaries 14,000Annual subscription 50,000Power and light 4,000Entrance fees 8,000Expenses on charity show 30,000Donations 10,000Subscription for periodical 6,000Life membership subscription 16,000Monthly income units of unit trust of India 40,000`[P.T.O.] Rs.  Rs. Interest on investment 4,000Rent 24,000Proceeds of charity show 50,000Balance c/d 30,000                     1,48,000                                                      1,48,000 On 1-4-2019, the following balances appeared in   the books of the non-trading organization:  Investment  20,000  T.T. Table  10,000       Life membership fund                6,000                       Annual subscription outstanding     4,000      Rent outstanding                    6,000   Annual outstanding received in advance                          2,000  On 31-3-2019, rent outstanding was  6,000 and annual subscription outstanding  8,000. ​