Following is the Receipts & Payments Account of You Bee Forty Club for the year ended 31st March, 2023:
Following is the Receipts & Payments Account of You Bee Forty Club for the year ended 31st March, 2023:
Receipts & Payments Account for the year ended 31st March, 2023
| Receipts | ₹ | Payments | ₹ |
|
To Balance b/d To Subscriptions: 2021-22 2022-23 To Donations To Entrance Fees |
15,000
6,000 35,000 5,000 8,000 |
By Salaries and Wages By Office Expenses By Sports Equipment By Telephone Charges By Electricity Charges By Travelling Expenses By Balance c/d |
16,000 3,500 34,000 2,400 3,200 6,500 3,400 |
| Â | 69,000 | Â | 69,000 |
(a) Outstanding Subscriptions for the year ended 31st March, 2023 were ₹ 5,500.
(b) Outstanding Salaries and Wages ₹ 4,000.
(c) Depreciate Sports Equipment by 25%.
Prepare from the above particulars the Income & Expenditure Account of the Club. 
Anurag Pathak Changed status to publish February 7, 2024
