Class 12 Exam > Class 12 Questions > 31 दिसंबर 2017 को समाप्त होने वाले वर्ष के दौ...
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31 दिसंबर 2017 को समाप्त होने वाले वर्ष के दौरान लायंस क्लब मे निम्नलिखित recipient and payments subscription 600 donations ₹60 investment ₹3000 scholarship ₹300 postal charges ₹60 sundry expenses ₹300 1 जनवरी 2017 को cash balance ₹6666?
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31 दिसंबर 2017 को समाप्त होने वाले वर्ष के दौरान लायंस क्लब मे निम्नलि...
Opening Cash Balance on 1st January 2017:
The opening cash balance on 1st January 2017 is ₹6666.
Recipients and Payments:
During the year, the Lions Club made various payments to different recipients. The details of these payments are as follows:
- Recipient 1: ₹600
- Recipient 2: ₹60
Subscription:
The Lions Club received subscription payments from its members. The total subscription amount collected during the year was ₹600.
Donations:
The Lions Club received donations from various sources. The total donation amount received during the year was ₹60.
Investment:
The Lions Club made an investment of ₹3000 during the year.
Scholarship:
The Lions Club provided scholarships to deserving students. The total scholarship amount given during the year was ₹300.
Postal Charges:
The Lions Club incurred postal charges while sending out communications and documents. The total postal charges incurred during the year were ₹60.
Sundry Expenses:
The Lions Club incurred various sundry expenses for its day-to-day operations. The total sundry expenses incurred during the year were ₹300.
Closing Cash Balance on 31st December 2017:
To calculate the closing cash balance on 31st December 2017, we need to sum up the opening cash balance and all the inflows and subtract all the outflows.
Opening Cash Balance: ₹6666
Inflows:
- Subscription: ₹600
- Donations: ₹60
- Investment: ₹3000
- Scholarship: ₹300
Outflows:
- Recipients and Payments: ₹600 + ₹60 = ₹660
- Postal Charges: ₹60
- Sundry Expenses: ₹300
Closing Cash Balance = Opening Cash Balance + Inflows - Outflows
Closing Cash Balance = ₹6666 + (₹600 + ₹60 + ₹3000 + ₹300) - (₹660 + ₹60 + ₹300)
Closing Cash Balance = ₹6666 + ₹3960 - ₹1020
Closing Cash Balance = ₹9606 - ₹1020
Closing Cash Balance = ₹8586
Therefore, the closing cash balance on 31st December 2017 is ₹8586.
The opening cash balance on 1st January 2017 is ₹6666.
Recipients and Payments:
During the year, the Lions Club made various payments to different recipients. The details of these payments are as follows:
- Recipient 1: ₹600
- Recipient 2: ₹60
Subscription:
The Lions Club received subscription payments from its members. The total subscription amount collected during the year was ₹600.
Donations:
The Lions Club received donations from various sources. The total donation amount received during the year was ₹60.
Investment:
The Lions Club made an investment of ₹3000 during the year.
Scholarship:
The Lions Club provided scholarships to deserving students. The total scholarship amount given during the year was ₹300.
Postal Charges:
The Lions Club incurred postal charges while sending out communications and documents. The total postal charges incurred during the year were ₹60.
Sundry Expenses:
The Lions Club incurred various sundry expenses for its day-to-day operations. The total sundry expenses incurred during the year were ₹300.
Closing Cash Balance on 31st December 2017:
To calculate the closing cash balance on 31st December 2017, we need to sum up the opening cash balance and all the inflows and subtract all the outflows.
Opening Cash Balance: ₹6666
Inflows:
- Subscription: ₹600
- Donations: ₹60
- Investment: ₹3000
- Scholarship: ₹300
Outflows:
- Recipients and Payments: ₹600 + ₹60 = ₹660
- Postal Charges: ₹60
- Sundry Expenses: ₹300
Closing Cash Balance = Opening Cash Balance + Inflows - Outflows
Closing Cash Balance = ₹6666 + (₹600 + ₹60 + ₹3000 + ₹300) - (₹660 + ₹60 + ₹300)
Closing Cash Balance = ₹6666 + ₹3960 - ₹1020
Closing Cash Balance = ₹9606 - ₹1020
Closing Cash Balance = ₹8586
Therefore, the closing cash balance on 31st December 2017 is ₹8586.
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31 दिसंबर 2017 को समाप्त होने वाले वर्ष के दौरान लायंस क्लब मे निम्नलिखित recipient and payments subscription 600 donations ₹60 investment ₹3000 scholarship ₹300 postal charges ₹60 sundry expenses ₹300 1 जनवरी 2017 को cash balance ₹6666?
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31 दिसंबर 2017 को समाप्त होने वाले वर्ष के दौरान लायंस क्लब मे निम्नलिखित recipient and payments subscription 600 donations ₹60 investment ₹3000 scholarship ₹300 postal charges ₹60 sundry expenses ₹300 1 जनवरी 2017 को cash balance ₹6666? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about 31 दिसंबर 2017 को समाप्त होने वाले वर्ष के दौरान लायंस क्लब मे निम्नलिखित recipient and payments subscription 600 donations ₹60 investment ₹3000 scholarship ₹300 postal charges ₹60 sundry expenses ₹300 1 जनवरी 2017 को cash balance ₹6666? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 31 दिसंबर 2017 को समाप्त होने वाले वर्ष के दौरान लायंस क्लब मे निम्नलिखित recipient and payments subscription 600 donations ₹60 investment ₹3000 scholarship ₹300 postal charges ₹60 sundry expenses ₹300 1 जनवरी 2017 को cash balance ₹6666?.
31 दिसंबर 2017 को समाप्त होने वाले वर्ष के दौरान लायंस क्लब मे निम्नलिखित recipient and payments subscription 600 donations ₹60 investment ₹3000 scholarship ₹300 postal charges ₹60 sundry expenses ₹300 1 जनवरी 2017 को cash balance ₹6666? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about 31 दिसंबर 2017 को समाप्त होने वाले वर्ष के दौरान लायंस क्लब मे निम्नलिखित recipient and payments subscription 600 donations ₹60 investment ₹3000 scholarship ₹300 postal charges ₹60 sundry expenses ₹300 1 जनवरी 2017 को cash balance ₹6666? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 31 दिसंबर 2017 को समाप्त होने वाले वर्ष के दौरान लायंस क्लब मे निम्नलिखित recipient and payments subscription 600 donations ₹60 investment ₹3000 scholarship ₹300 postal charges ₹60 sundry expenses ₹300 1 जनवरी 2017 को cash balance ₹6666?.
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