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Question -

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



Answer -

                                                Books of Health Club
                                              Receipt and Payment Account


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