1.

From the followingparticulars taken from the Cash Book of a health club, prepare aReceipts and Payments Account. Particulars Rs Opening balance: Cash in Hand 5,000 Cash at Bank 25,000 Subscriptions 1,65,000 Donations 35,000 Investment Purchased 80,000 Rent Paid 20,000 General Expenses 21,500 Postage and stationery 2,000 Courier charges 1,000 Sundry Expenses 2,500 Closing Cash in Hand 12,000

Answer»

From the following
particulars taken from the Cash Book of a health club, prepare a
Receipts and Payments Account.






























































Particulars



Rs



Opening balance:





Cash in Hand



5,000



Cash at Bank



25,000



Subscriptions



1,65,000



Donations



35,000



Investment Purchased



80,000



Rent Paid



20,000



General Expenses



21,500



Postage and stationery



2,000



Courier charges



1,000



Sundry Expenses



2,500



Closing Cash in Hand



12,000




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