On 31st March, 2016 | 2,000 Debentures; |
On 31st March, 2017 | 5,000 Debentures; |
On 31st March, 2018 | 3,000 Debentures. |
RECEIPTS AND PAYMENTS ACCOUNT for the year ended 31 st March, 2018
|
|||||
Dr. |
|
|
Cr. |
||
Receipts |
Amount |
Payments |
Amount |
||
To Balance b/d | By General Expenses | 32,000 | |||
Cash in Hand | 40,000 | By Newspaper | 18,500 | ||
Cash at Bank | 1,55,500 | By Electricity | 30,000 | ||
To Subscriptions: |
|
|
By Fixed Deposit with Bank |
1,80,000 |
|
2016-17 | 12,000 | (On 30th September, 2017 @ 10%p.a.) | |||
2017-18 | 2,65,000 | By Books | 70,000 | ||
2018-19 | 5,000 |
2,82,000
|
By Salary |
36,000 |
|
To Sale of Old Newspaper |
12,500
|
By Rent |
65,000 |
||
To Government Grant |
1,20,000
|
By Postage Charges |
3,000 |
||
To Sale of Old Furniture |
37,000
|
By Furniture (purchased) |
1,05,000 |
||
(Book value ₹50,000) | By Balance c/d: | ||||
To Interest received on Fixed Deposit |
4,500
|
Cash in Hand |
30,000 |
||
Cash at Bank | 82,000 | ||||
6,51,500
|
6,51,500
|
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