7. From the following information and Receipts & Payments A/c of Rd Club prepare an Income & Expenditure Ne for the year ended, 2008 (10)ReceiptsTo Balance bidTo Subscriptions2007200812662009Receipts & Payments AccountAmt (Rs)Payments600By salariesBy stationaryBy rates and taxesBy telephoneBy investments1338By advertisements945By postage112By Sundries1485By Balance eld3.480Amt (Rs)1.245240360607501052003501703.480To Profit from CanteenTo sales of old newspapersDividendsYou are required to prepare an Income & Expenditure Account after making the followingadjustments(a) There are 450 members each paying an annual subscription of Rs 3, Rs 27 being in arrears for2007 at the beginnung of this year.(b) Stock of stationary on 31“ December, 2007 was Rs 30 and on 31" December, 2008 was Rs 54(c) Cost of building is Rs 6,000 and depreciation at 5% is to be provided thereon.HDD

7. From the following information and Receipts & Payments A/c of Rd Cl

1.	7. From the following information and Receipts & Payments A/c of Rd Club prepare an Income & Expenditure Ne for the year ended, 2008 (10)ReceiptsTo Balance bidTo Subscriptions2007200812662009Receipts & Payments AccountAmt (Rs)Payments600By salariesBy stationaryBy rates and taxesBy telephoneBy investments1338By advertisements945By postage112By Sundries1485By Balance eld3.480Amt (Rs)1.245240360607501052003501703.480To Profit from CanteenTo sales of old newspapersDividendsYou are required to prepare an Income & Expenditure Account after making the followingadjustments(a) There are 450 members each paying an annual subscription of Rs 3, Rs 27 being in arrears for2007 at the beginnung of this year.(b) Stock of stationary on 31“ December, 2007 was Rs 30 and on 31" December, 2008 was Rs 54(c) Cost of building is Rs 6,000 and depreciation at 5% is to be provided thereon.HDD
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