1st April 2019 Assets and Liability of the Young Club are as follows :
Assert :
`{:(,,"Rs"),("Land and Building",,"2,00,000"),("Furniture",,"65,000"),("Cash in Hand",,"25,000"),("Subscriptions Receivable",,"30,000"):}`
Liabilites :
`{:("Bank Overdraft",,"20,000"),("Outstanding Salaries",,"5,000"):}`
Detemine Capital Fund as on 1st April 2019

From the following information calculate amount of subscriptions to be credited to the income and expenditure Account for the year ended 31st March 2019: {:(,,,,"Rs"),("1st April 2018",,"Subscriptions in Arreats",,"30,000"),(,,"Subscriptions Received in Advance",,"30,000"),("31st March 2019",,"Subscriptions in Arrears",,"25,000"),(,,"Subscriptions Received in Advance",,"70,000"):} Subscription received during the year ended 31st March 2019-Rs 3,00,000. Subscription still in arrears for the year 2017-18-Rs. 10,000.

Prepare Trading Account for the year ended 31st March, 2019 from the following balances: {:(,Rs,|,,Rs),("Stock" (1st " April, 2018"),"1,00,000",,"Purchases","10,00,000"),("Wages","50,000",,"Carriage Inwards","10,000"),("Sales","15,50,000",,"Returns Inward","50,000"),("Returns Outward","80,000",,,),("Freight Inwards","5,000",,,):} Closing Stock as on 31st March, 2019 was valued at Rs 2,00,000. Also, pass the Closing Entries.

From the following items of Receipts and Payments Account of Young Club prepare Income and Expenditure Account for the year endeed 31st March 2019 : {:(,,"Rs"),("Salaries paid",,"5,00,000"),("Electrictiy Expenses",,"50,000"),("Printing and Stationery (including Rs 5,000 for the previous year)",,"35,000"),("Subscriptions revious year)",," "),("Rs 50,000 for the previous year)",,"4,00,000"),("Net proceeds of Refreshment Room",,"4,50,000"),("Miscellaneous expenses",,"1,16,000"),("Interest paid on Loan of half year",,"12,000"),("Rent and Rates (including Rs 10,000 prepaid)",,"75,000"),("Lockers rent received",,"45,000"):} Additional Information : Subsscriptions in arrears on 31st March 2019 were Rs 80,000 and half year's interest on loan was also outstanding