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From the following extract of Receipts and Payments Account and the additional information, you are required to calculate the Income from Subscription for the year ending 31st March 2018, and show them in the Income & Expenditure Account, and the Balance Sheet of a Club. An extract of Receipts and Payments Account for the year ended 31st March 2018 Receipts Rs. Payments Rs. To Subscription 2012-20174,000 2017-201820,000 2018-20195,000 29,000 Information: (i) Subscription Outstanding on 31.03.2017 Rs. 5,000 (ii) Subscription Outstanding on 31.03.2018 Rs. 4,000 (iii)Subscription received in advance on 31.03.2017 for 2017-2018Rs. 5,000 2] The Receipts and Payments for the Cricket Club for the year ended 31st December were: Entrance Fee Rs. 3,000, Membership Fees Rs. 30,000, Donation for Club Pavilion Rs. 1,00,000, Foodstuff Sales Rs. 12,000, Salaries and Wages Rs. 12,000 Purchase of Foodstuff Rs. 8,000, Construction of Club Pavilion Rs. 1,10,000, General Expenses Rs. 6,000, Rent and Taxes Rs. 4,000, Bank Charges Rs. 1,600. Cash in Hand - 1st Jan Rs. 2,000, 31st Dec Rs. 3,500, and Cash in Bank - 1st Jan Rs. 4,000, 31st Dec Rs. 5,900. Prepare the Receipts and Payments Account of the Club. Related: Financial Statements of Not-for-Profit Organizations (Question with Answer)? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about From the following extract of Receipts and Payments Account and the additional information, you are required to calculate the Income from Subscription for the year ending 31st March 2018, and show them in the Income & Expenditure Account, and the Balance Sheet of a Club. An extract of Receipts and Payments Account for the year ended 31st March 2018 Receipts Rs. Payments Rs. To Subscription 2012-20174,000 2017-201820,000 2018-20195,000 29,000 Information: (i) Subscription Outstanding on 31.03.2017 Rs. 5,000 (ii) Subscription Outstanding on 31.03.2018 Rs. 4,000 (iii)Subscription received in advance on 31.03.2017 for 2017-2018Rs. 5,000 2] The Receipts and Payments for the Cricket Club for the year ended 31st December were: Entrance Fee Rs. 3,000, Membership Fees Rs. 30,000, Donation for Club Pavilion Rs. 1,00,000, Foodstuff Sales Rs. 12,000, Salaries and Wages Rs. 12,000 Purchase of Foodstuff Rs. 8,000, Construction of Club Pavilion Rs. 1,10,000, General Expenses Rs. 6,000, Rent and Taxes Rs. 4,000, Bank Charges Rs. 1,600. Cash in Hand - 1st Jan Rs. 2,000, 31st Dec Rs. 3,500, and Cash in Bank - 1st Jan Rs. 4,000, 31st Dec Rs. 5,900. Prepare the Receipts and Payments Account of the Club. Related: Financial Statements of Not-for-Profit Organizations (Question with Answer)? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for From the following extract of Receipts and Payments Account and the additional information, you are required to calculate the Income from Subscription for the year ending 31st March 2018, and show them in the Income & Expenditure Account, and the Balance Sheet of a Club. An extract of Receipts and Payments Account for the year ended 31st March 2018 Receipts Rs. Payments Rs. To Subscription 2012-20174,000 2017-201820,000 2018-20195,000 29,000 Information: (i) Subscription Outstanding on 31.03.2017 Rs. 5,000 (ii) Subscription Outstanding on 31.03.2018 Rs. 4,000 (iii)Subscription received in advance on 31.03.2017 for 2017-2018Rs. 5,000 2] The Receipts and Payments for the Cricket Club for the year ended 31st December were: Entrance Fee Rs. 3,000, Membership Fees Rs. 30,000, Donation for Club Pavilion Rs. 1,00,000, Foodstuff Sales Rs. 12,000, Salaries and Wages Rs. 12,000 Purchase of Foodstuff Rs. 8,000, Construction of Club Pavilion Rs. 1,10,000, General Expenses Rs. 6,000, Rent and Taxes Rs. 4,000, Bank Charges Rs. 1,600. Cash in Hand - 1st Jan Rs. 2,000, 31st Dec Rs. 3,500, and Cash in Bank - 1st Jan Rs. 4,000, 31st Dec Rs. 5,900. Prepare the Receipts and Payments Account of the Club. Related: Financial Statements of Not-for-Profit Organizations (Question with Answer)?.

Solutions for From the following extract of Receipts and Payments Account and the additional information, you are required to calculate the Income from Subscription for the year ending 31st March 2018, and show them in the Income & Expenditure Account, and the Balance Sheet of a Club. An extract of Receipts and Payments Account for the year ended 31st March 2018 Receipts Rs. Payments Rs. To Subscription 2012-20174,000 2017-201820,000 2018-20195,000 29,000 Information: (i) Subscription Outstanding on 31.03.2017 Rs. 5,000 (ii) Subscription Outstanding on 31.03.2018 Rs. 4,000 (iii)Subscription received in advance on 31.03.2017 for 2017-2018Rs. 5,000 2] The Receipts and Payments for the Cricket Club for the year ended 31st December were: Entrance Fee Rs. 3,000, Membership Fees Rs. 30,000, Donation for Club Pavilion Rs. 1,00,000, Foodstuff Sales Rs. 12,000, Salaries and Wages Rs. 12,000 Purchase of Foodstuff Rs. 8,000, Construction of Club Pavilion Rs. 1,10,000, General Expenses Rs. 6,000, Rent and Taxes Rs. 4,000, Bank Charges Rs. 1,600. Cash in Hand - 1st Jan Rs. 2,000, 31st Dec Rs. 3,500, and Cash in Bank - 1st Jan Rs. 4,000, 31st Dec Rs. 5,900. Prepare the Receipts and Payments Account of the Club. Related: Financial Statements of Not-for-Profit Organizations (Question with Answer)? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of From the following extract of Receipts and Payments Account and the additional information, you are required to calculate the Income from Subscription for the year ending 31st March 2018, and show them in the Income & Expenditure Account, and the Balance Sheet of a Club. An extract of Receipts and Payments Account for the year ended 31st March 2018 Receipts Rs. Payments Rs. To Subscription 2012-20174,000 2017-201820,000 2018-20195,000 29,000 Information: (i) Subscription Outstanding on 31.03.2017 Rs. 5,000 (ii) Subscription Outstanding on 31.03.2018 Rs. 4,000 (iii)Subscription received in advance on 31.03.2017 for 2017-2018Rs. 5,000 2] The Receipts and Payments for the Cricket Club for the year ended 31st December were: Entrance Fee Rs. 3,000, Membership Fees Rs. 30,000, Donation for Club Pavilion Rs. 1,00,000, Foodstuff Sales Rs. 12,000, Salaries and Wages Rs. 12,000 Purchase of Foodstuff Rs. 8,000, Construction of Club Pavilion Rs. 1,10,000, General Expenses Rs. 6,000, Rent and Taxes Rs. 4,000, Bank Charges Rs. 1,600. Cash in Hand - 1st Jan Rs. 2,000, 31st Dec Rs. 3,500, and Cash in Bank - 1st Jan Rs. 4,000, 31st Dec Rs. 5,900. Prepare the Receipts and Payments Account of the Club. Related: Financial Statements of Not-for-Profit Organizations (Question with Answer)? defined & explained in the simplest way possible. Besides giving the explanation of From the following extract of Receipts and Payments Account and the additional information, you are required to calculate the Income from Subscription for the year ending 31st March 2018, and show them in the Income & Expenditure Account, and the Balance Sheet of a Club. An extract of Receipts and Payments Account for the year ended 31st March 2018 Receipts Rs. Payments Rs. To Subscription 2012-20174,000 2017-201820,000 2018-20195,000 29,000 Information: (i) Subscription Outstanding on 31.03.2017 Rs. 5,000 (ii) Subscription Outstanding on 31.03.2018 Rs. 4,000 (iii)Subscription received in advance on 31.03.2017 for 2017-2018Rs. 5,000 2] The Receipts and Payments for the Cricket Club for the year ended 31st December were: Entrance Fee Rs. 3,000, Membership Fees Rs. 30,000, Donation for Club Pavilion Rs. 1,00,000, Foodstuff Sales Rs. 12,000, Salaries and Wages Rs. 12,000 Purchase of Foodstuff Rs. 8,000, Construction of Club Pavilion Rs. 1,10,000, General Expenses Rs. 6,000, Rent and Taxes Rs. 4,000, Bank Charges Rs. 1,600. Cash in Hand - 1st Jan Rs. 2,000, 31st Dec Rs. 3,500, and Cash in Bank - 1st Jan Rs. 4,000, 31st Dec Rs. 5,900. Prepare the Receipts and Payments Account of the Club. Related: Financial Statements of Not-for-Profit Organizations (Question with Answer)?, a detailed solution for From the following extract of Receipts and Payments Account and the additional information, you are required to calculate the Income from Subscription for the year ending 31st March 2018, and show them in the Income & Expenditure Account, and the Balance Sheet of a Club. An extract of Receipts and Payments Account for the year ended 31st March 2018 Receipts Rs. Payments Rs. To Subscription 2012-20174,000 2017-201820,000 2018-20195,000 29,000 Information: (i) Subscription Outstanding on 31.03.2017 Rs. 5,000 (ii) Subscription Outstanding on 31.03.2018 Rs. 4,000 (iii)Subscription received in advance on 31.03.2017 for 2017-2018Rs. 5,000 2] The Receipts and Payments for the Cricket Club for the year ended 31st December were: Entrance Fee Rs. 3,000, Membership Fees Rs. 30,000, Donation for Club Pavilion Rs. 1,00,000, Foodstuff Sales Rs. 12,000, Salaries and Wages Rs. 12,000 Purchase of Foodstuff Rs. 8,000, Construction of Club Pavilion Rs. 1,10,000, General Expenses Rs. 6,000, Rent and Taxes Rs. 4,000, Bank Charges Rs. 1,600. Cash in Hand - 1st Jan Rs. 2,000, 31st Dec Rs. 3,500, and Cash in Bank - 1st Jan Rs. 4,000, 31st Dec Rs. 5,900. Prepare the Receipts and Payments Account of the Club. Related: Financial Statements of Not-for-Profit Organizations (Question with Answer)? has been provided alongside types of From the following extract of Receipts and Payments Account and the additional information, you are required to calculate the Income from Subscription for the year ending 31st March 2018, and show them in the Income & Expenditure Account, and the Balance Sheet of a Club. An extract of Receipts and Payments Account for the year ended 31st March 2018 Receipts Rs. Payments Rs. To Subscription 2012-20174,000 2017-201820,000 2018-20195,000 29,000 Information: (i) Subscription Outstanding on 31.03.2017 Rs. 5,000 (ii) Subscription Outstanding on 31.03.2018 Rs. 4,000 (iii)Subscription received in advance on 31.03.2017 for 2017-2018Rs. 5,000 2] The Receipts and Payments for the Cricket Club for the year ended 31st December were: Entrance Fee Rs. 3,000, Membership Fees Rs. 30,000, Donation for Club Pavilion Rs. 1,00,000, Foodstuff Sales Rs. 12,000, Salaries and Wages Rs. 12,000 Purchase of Foodstuff Rs. 8,000, Construction of Club Pavilion Rs. 1,10,000, General Expenses Rs. 6,000, Rent and Taxes Rs. 4,000, Bank Charges Rs. 1,600. Cash in Hand - 1st Jan Rs. 2,000, 31st Dec Rs. 3,500, and Cash in Bank - 1st Jan Rs. 4,000, 31st Dec Rs. 5,900. Prepare the Receipts and Payments Account of the Club. Related: Financial Statements of Not-for-Profit Organizations (Question with Answer)? theory, EduRev gives you an ample number of questions to practice From the following extract of Receipts and Payments Account and the additional information, you are required to calculate the Income from Subscription for the year ending 31st March 2018, and show them in the Income & Expenditure Account, and the Balance Sheet of a Club. An extract of Receipts and Payments Account for the year ended 31st March 2018 Receipts Rs. Payments Rs. To Subscription 2012-20174,000 2017-201820,000 2018-20195,000 29,000 Information: (i) Subscription Outstanding on 31.03.2017 Rs. 5,000 (ii) Subscription Outstanding on 31.03.2018 Rs. 4,000 (iii)Subscription received in advance on 31.03.2017 for 2017-2018Rs. 5,000 2] The Receipts and Payments for the Cricket Club for the year ended 31st December were: Entrance Fee Rs. 3,000, Membership Fees Rs. 30,000, Donation for Club Pavilion Rs. 1,00,000, Foodstuff Sales Rs. 12,000, Salaries and Wages Rs. 12,000 Purchase of Foodstuff Rs. 8,000, Construction of Club Pavilion Rs. 1,10,000, General Expenses Rs. 6,000, Rent and Taxes Rs. 4,000, Bank Charges Rs. 1,600. Cash in Hand - 1st Jan Rs. 2,000, 31st Dec Rs. 3,500, and Cash in Bank - 1st Jan Rs. 4,000, 31st Dec Rs. 5,900. Prepare the Receipts and Payments Account of the Club. Related: Financial Statements of Not-for-Profit Organizations (Question with Answer)? tests, examples and also practice CA Foundation tests.