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