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Prepare Income & Expenditure Account from the following Receipts & Payments Account of the Delhi Nursing Society for the year ended 31st March, 2023:

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

Receipts Payments

To Balance b/d (Bank)

To Subscriptions

To Fees from Non-members

To Municipal Grant

To Donations for Building Fund

To Interest

20,100

11,150

2,700

10,000

15,600

380

By Salaries of Nurses

By Board, Laundry and Domestic Help

By Rent, Rates and Taxes

By Cost of Car

By Expenses of Car

By Drugs and incidental Expenses

By Balance c/d (Bank)

6,560

3,800

2,000

20,000

8,400

6,700

12,470

  59,930   59,930

A donation of ₹ 1,000 received for Building Fund was wrongly included in the Subscriptions Account. A bill of medicines purchased during the year amounting to ₹ 1,280 was outstanding.

Anurag Pathak Changed status to publish February 7, 2024
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