Npo question plz answer

Npo question plz answer Account of Super Time Club for the year ended 31st Dec., 2 To Cash in hand —TO subscriptions 18.160 1991 I ,200 1992 64.800 600 +0 Entrance Fees To Proceeds from Drama 320,000 To Intetest from Securities To Sale proceeds from old 2,000 fumiture (Cost 320) 400 RECEIPTS AND PAYMENTS ACCOUNT Payments By Bank Overdraft (l .1 .1992) By Investments By Furniture —Bv Salaries By Postage and Telegrams By Cost of Drama By Sundry Expenses By Balances: Cash in Hand Cash at Bank 14,000 5,960 20.400 4,400 5,600 5,640 57,000 4,57, 60 You are required to compile the Income and Expenditure Account fcyr the year ended 31st Dec., 1992 and the Balance Sheet as on that date after taking into account the fOllowing information: 11. On 1st January, 1992, the club prcmiscs stood at Investments at 24,000, turniture at 12,000 and Stock of stationery 360. The club had 720 members each paying an annual subscrintion oft 100. Subscription amounting to 200 was still in arrears for the year 1991. 12 members paid the subscription in. 199) for 1992. Salaries for December 1992 amounting to 1,600 arc outstanding. Entrance fce and surplus from Drama are 10 be kept in reserve for a swimming pool. Wlite off of printing and stationery. - - -000= (8)