Double Entry Book Keeping - Ts Grewal Volume-I 2021-2022
Solutions for Class 12 Commerce Accountancy Chapter 1 - Financial Statements Of Not For Profit Organisations
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Question No.1:
From the following particulars relating to Shyamji Charitable Society, prepare a Receipts and Payments Account for the year ending 31st March, 2019
Particulars
Cash in hand as on 1st April 2018 -------------16,000
Cash at bank as on 1st April 2018--------------28,000
Subscriptions (including 11,000 for 2017-18)-------60,000
Donations for Building--------------2,90,000
Miscellaneous Expenses-------------98,000
Locker Rent------------------32,000
Entrance Fees-------------41,000
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Answer:
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Question No.2:
Bengal Cricket Club was inaugurated on 1st April, 2020. It had the following Receipts and Payments during the year ended 31st March, 2021:
Receipts: Entrance Fees ` 10,000; Subscriptions ` 60,000; Donations ` 10,000.
Payments: Rent ` 15,000; Postages ` 1,000; Newspaper and Magazines ` 8,000; Investments ` 30,000; Stationery ` 4,000; Entertainment Expenses ` 3,000; Miscellaneous Expenses ` 2,000.
Show the Receipts and Payments Account for the year ended 31st March, 2021.
Answer:
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Question No.3:
From the information given below, prepare Receipts and Payments Account of Railway Club for the year ended 31st march, 2021:
Answer:
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Question No.4:
The following information were obtained from the books of Delhi Club as on 31st March, 2021 at the end of the fi `t year of the Club, prepare Receipts and Payment Account for the year ending 31st March, 2021:
Answer:
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Question No.5:
From the following information, prepare Receipts and Payments Account of Long-town Sports Club for the year ending 31st March 2021:
Answer:
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