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From the following particulars relating to the Ramakrishna Mission Charitable Hospital, prepare Income & Expenditure Account for the year ended 31st March, 2023 and the Balance Sheet as at that date:

Receipts & Payments Account for the year ended 31st March, 2023

Receipts Payments

To Balance b/d

To Subscriptions

To General Donations

To Interest on Investments @ 7% for full year

To Proceeds from Charity Show

7,130

47,996

14,500

7,000

10,450

By Medicines

By Doctor’s Honorarium

By Salaries

By Petty Expenses

By Equipment

By Expenses on Charity Show

By Balance c/d

30,590

9,000

27,500

461

15,000

750

3,775

  87,076   87,076

Additional information:-

  As at 1st April, 2022 (₹) As at 31st March, 2023 (₹)
Subscriptions due 240 280
Subscriptions Received in Advance 64 100
Stock of Medicines 8,810 9,740
Estimated Value of Equipment 21,200 31,600
Building (Cost less Depreciation) 40,000 38,000

Anurag Pathak Changed status to publish February 8, 2024
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