Following is the Receipt and Payment Account of Women’s Welfare Club for the year ended December 31, 2017: Receipt and Payment Account for the year ending December 31, 2017 Additional Information: Prepare Income and Expenditure Account for the year ended December 31, 2017 and Balance Sheet as on date.

Following is the Receipt and Payment Account of Women’s Welfare Club

1.	Following is the Receipt and Payment Account of Women’s Welfare Club for the year ended December 31, 2017: Receipt and Payment Account for the year ending December 31, 2017 Additional Information: Prepare Income and Expenditure Account for the year ended December 31, 2017 and Balance Sheet as on date.
Answer» Correct Answer - Surplus Rs.34,100, Total of Closing Balance Sheet Rs.2,64,750