Following is the Receipt and Payment Account of Literacy Club for the year ended 31-3-2016 : ReceiptsRs PaymentRs Balance b/d19,550Salary3,000Subscriptions :Newspapers2,050 2014-151,200Electricity Bill1,000 2015-1626,500Fixed deposit 2016-17 500–––––––28,200 (on 1-7-2015 9% p.a)20,000Sale of old newspapers1,250Books10,600Government Grants10,000Rent6,800Sale of old furnitureFurniture10,500 (Book value Rs 7,000)5,700Balance c/d11,200Interest on fixed deposits450¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯65,150––––––––¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯65,150–––––––– Additional Information : (i) Subscriptions outstanding as on 31-3-2015 were Rs 2,000 and on 31-3-2016 Rs 2,500. (ii) On 31-3-2016 salary outstanding was Rs 600 and rent outstanding was Rs 1,200. (iii) The Club owned furniture Rs 15,000 and books Rs 7,000 on 1-4-2015. Prepare Income and Expenditure Account of the Club for the year ended 31-3-2016 and ascertain 'Capital Fund' on 31-3-2015. Also prepare a Balance Sheet as at 31st March, 2016.