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Following is the information given in re...

Following is the information given in respect of certain items of a Sports Club. Show these items in the Income and Expenditure Account and the Balance Sheet of the Club:

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Following is the information in respect of certain items of a Sports Club. You are required to show them in the Income and Expenditure Account and the Balance Sheet.

The information given below relates to a sports club . Show them in the Income and Expenditure Account and the Balance sheet of the club as at 31st March , 2019 {:("sports Fund as at 1st April, 2018",,10.00.000),("sports Fund investments",,10.00.00),("Interest on sports Fund investments",,1.00.000),("Donation for sports Fund",,4.00.000),("Subscription",,1.00.000),("Donation",,50.000),("Sports Prizes Awarded",,3.00.000),("Expenses on sports Events",,1.00.000),("General Fund",,20.00.000),("General Fund Investment",,20.00.000),("Interest on General Fund investments",,2.00.000):}

following is the extract from the Receipts and Payments Account of a sports club. You are required to show different items in the income and Expenditure Account and Balance Sheet of the club for the year ended 31st March ,2019 giving effect to additional information given below: Additional Information: (i) Amount spent on Pavilion Rs. 20,00,000. The construction work is in progress and has not yet completed. (ii) Outstanding subscriptions for Covernor's Party Rs. 30,000. (iii) Capital Fund as at 31st March , 2018 Rs 10,00,000. (iv) Pavilion Fund as at 31st March ,2018 Rs. 40,00,000.

From the following information prepare Income and Expenditure Account:

Relevant Items In The Balance Sheet

From the following information of a Not-for-Profit Organisation show the sports Materials item in the income and Expenditure account for the year ended 31st march 2019 and Balance Sheets as at 31st March 2018 and 31st March 2019: Payments to suppliers for sports materials during the year was Rs. 1,02,000. There were no cash purchases made.

Following is the Receipts and Payments Account of Indian Sports Club, prepare Income and Expenditure Account and Balance Sheet as on 31st march 2019 : Other Information Subscription outstanding was on 31st march 2018 Rs. 12,000 and Rs. 32,000 on 31st March 2019 . Lockers rent outstanding on 31st March 2019 Rs. 2,500 .Salary outstanding on 31st March 2019 Rs. 10,000. On 1st April club has Building Rs.3,60,000 furniture Rs. 1,20,000 .Sports equipments Rs. 1,75,000. Depreciation charged on these items "@" 10% (including purchase). Legacy Donation is for constructing hostel for sports persons.

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