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Bengal Cricket Club was inaugurated on 1...

Bengal Cricket Club was inaugurated on 1st April 2018. It had the following Receipts and Payments during the year ended 31st March 2019:
Receipts : Entrance fees Rs 10,000 , Subscriptions Rs 60,000 , Donations Rs 10,000.
Payments : Rent Rs.15,000: Postages Rs 1,000 , Newspapers and Magazines Rs. 8,000 , Investments Rs. 30,000 , Stationery Rs. 4,000 , Entertainment Expenses Rs. 3,000 , Miscellaneous Expenses Rs. 2,000.
show the Receipts and Payments Account for the year ended 31st March 2019

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Verified by Experts

The correct Answer is:
Cash in Hand on 31st March 2019-Rs. 17,000
N/a
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