Ts Grewal solutions Chapter 1 - Financial Statements Of Not For Profit Organisations
Ts Grewal 2019 Solutions for Class 12 Chapter 1 Financial Statements of Not for Profit Organisation are provided here. All questions and Solutions from the Double Entry Book Keeping Ts Grewal 2019 Book of Class 12 Accountancy Chapter 1 Financial Statements of Not for Profit Organisation are provided here for you for free. You can just download the PDF file by just clicking on the download button given below.
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Page No 1.55:
Question 1:
From the information given below, prepare Receipts and Payments Account of Railway Club for the year ended 31st march, 2019:
| (₹) | (₹) | ||
| Cash in Hand on 1st April, 2018 | 4,390 | Salaries | 21,500 |
| Subscription | 37,600 | Honorarium to Secretary | 2,500 |
| Donations | 8,000 | Interest Received on Investments | 2,950 |
| Entrance Fees | 4,300 | Printing and Stationery | 350 |
| Rent Received for Club Halls | 5,250 | Petty Cash Expenses | 900 |
| Electricity Charges | 3,440 | Insurance Premium Paid | 310 |
| Taxes paid | 490 | ||
