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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Books of Health Club Receipt and Payment Account |
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Dr. |
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Cr. |
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Receipts |
Amount Rs |
Payments |
Amount Rs |
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Balance b/d |
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Investment |
80,000 |
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Cash in Hand |
5,000 |
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Rent |
20,000 |
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Cash at Bank |
25,000 |
30,000 |
General Expenses |
21,500 |
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Subscriptions |
1,65,000 |
Postage and Stationery |
2,000 |
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Donations |
35,000 |
Courier Charges |
1,000 |
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Sundry Expenses |
2,500 |
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Balance c/d |
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Cash in Hand |
12,000 |
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Cast at Bank |
91,000 |
1,03,000 |
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(Balancing figure) |
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2,30,000 |
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2,30,000 |
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