Particulars | Amount (₹) |
Tournament fund on April, 2020 | 3,00,000 |
Sale of Tournament Tickets during the year | 75,000 |
Tournaments prizes awarded during the year | 60,000 |
|
₹
|
Subscriptions Outstanding on 1.4.2020
|
1,00,000
|
Subscriptions Outstanding on 31.3.2021
|
70,000
|
Subscriptions received in advance on 1.4.2020
|
50,000
|
Subscriptions received in advance on 31.3.2021
|
80,000
|
OR
Particulars | 1st April, 2020 (₹) |
31st March, 2021 (₹) |
Creditors for Stationery | 5,600 | 12,800 |
Stock of Stationery | 25,000 | 35,000 |
OR
‘Receipts and Payments Account’ of Indian Youth Club
for the year ended 31st March, 2021
|
|||||
Receipts
|
Amount
(₹)
|
Payments
|
Amount
(₹)
|
||
To Balance b/d:
|
|
|
By Salaries
|
|
3,60,000
|
Cash
|
25,000
|
|
By Printing & Stationery
|
|
19,000
|
Bank
|
2,85,000
|
3,10,000
|
By Printer
|
|
40,000
|
To Subscriptions
|
|
4,00,000
|
By Investments
|
|
80,000
|
(including ₹40,000
|
|
|
By Balance c/d:
|
|
|
for year ending 31.3.2022)
|
|
|
Cash
|
12,000
|
|
To Interest on investments
|
|
1,000
|
Bank
|
2,00,000
|
2,12,000
|
|
|
7,11,000
|
|
|
7,11,000
|
|
|
|
|
|
|
Balance Sheet of Anu, Bhanu and Charu as on 31st March, 2021
|
|||||
Liabilities
|
Amount
(₹)
|
Assets
|
Amount
(₹)
|
||
Creditors
|
24,000
|
Bank
|
10,000
|
||
Profit & Loss A/c
|
5,000
|
Debtors
|
20,000
|
|
|
|
|
Less: Provision for Doubtful Debts
|
–400
|
19,600
|
|
Capitals:
|
|
Stock
|
27,000
|
||
Anu
|
31,000
|
|
Investments
|
10,000
|
|
Bhanu
|
30,000
|
|
Patents
|
2,400
|
|
Charu
|
22,000
|
83,000
|
Premises
|
43,000
|
|
|
|
1,12,000
|
|
1,12,000
|
|
|
|
|
|
|
OR
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