Q.  From the following particulars relating to the Bombay Medical Aids Society , Prepare Income and Expenditure Account for the  Year ended 31st March, 2017 and Balance Sheet as at that date:
                Receipts and Payment Account for the year ended 31st March, 2017
Receipts Rs.  Payments Rs.
To Balance b/d
To Subscriptions
To Donations
To Interest on Investment
@9% p.a.
To Charity show collection



 
8,000
50,000
15,000
9,000

12,500



 
By Medicines
By Doctor's Honorarium
By Salaries
By Sundry expenses
By purchase of equipment
By Charity   show expenses
By balance c/d



 
34,000
10,000
28,000
1,000
15,000
1,500
5,000



 
  94,500   94,500

Other information : 
Information 1.04.2016 31.03.2017
Subscription Due
Subscription received in advance
Stock of Medicines
Value of Equipment
Value of Building
1,500
1,200
10,000
21,000
50,000
2,200
700
15,000
30,000
48,000


Do you think that society is promoting any value ? 

 

  • -3
May be silly errors can be happened..bt it is correct..u cn ask any questions Regards Rohan Goyal 8130322475 CA final (grp.1 clear) B.com(h), m.com Serch me on fb for all free videos by Real education A vision & mission

  • 0
What are you looking for?