Following is the Receipts & Payments Account of the Gymkhana Club for the year ended 31st March, 2023:
Following is the Receipts & Payments Account of the Gymkhana 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 Entrance Fees To Subscriptions: 2021-22 2022-23 2023-24 To Locker Rent To Special Subscriptions for Tournament (To be held in 2023-24) |
1,000 84,500 1,500 |
1,500 2,750
87,000 2,500 17,250 |
By Rent By Stationery, Postage, etc. By Advertising Expenses By Billiards Table By Repairs and Renewals By Interest By Balance c/d |
26,000 15,340 26,650 19,500 4030 7,500 11,980 |
| Â | Â | 1,11,000 | Â | 1,11,000 |
Locker Rent ₹ 300 is for 2021-22 and ₹ 450 is still owing. Rent ₹ 6,500 pertained to 2021-22 and ₹ 6,500 is still due. Stationery expenses ₹ 1,560 relate to 2021-22 and still owing are ₹ 1,822. Subscriptions unpaid for 2022-23 are ₹ 2,340.
Prepare Income & Expenditure Account of the club for the year ended 31st March, 2023 and the Balance Sheet as at that date.
Anurag Pathak Changed status to publish February 7, 2024
