From the following Receipts and Payments Account and additional information relating to the star Cricket Club, prepare Income and Expenditure Account for the year ended 31st March, 2019 and Balance Sheet as at that date: RECEIPTS AND PAYMENTS ACCOUNT Dr. Cr. Receipts (₹) Payments (₹) To Balance b/d: By Upkeep of Fields 20,000 Cash in Hand 1st April, 2018 10,000 By Tournament Expenses 7,000 Cash at Bank as per Pass Book 20,000 30,000 By Rates and Insurance 2,000 To Members' Subscriptions 50,000 By Telephone 500 To Admission Fee 3,000 By Stationery 1,000 To Sale of Old Bats, etc. 500 By General Charges 500 To Hire of Ground 3,000 By Secretary's Honorarium 2,000 To Subscriptions for Tournament 10,000 By Bats, Balls, etc. 7,000 To Donations 75,000 By Balance c/d: To Legacy Donations 25,000 Cash in Hand 31st March, 2019 1,00,000 Cash at Bank as per Pass Book 56,500 1,56,500 1,96,500 1,96,500 Assets on 1st April, 2018: ₹ Stock of Bats and Balls 15,000 Stationery 2,000 Subscriptions Due 5,000 Subscriptions due on 31st March, 2019 amounted to ₹ 7,500. Write off 50% of Bats, Balls (not considering sale) and 25% of Stationery.