Someone plzzz give me the solution plzzz plzzzz - Accountancy - Accounting for Not-for-Profit Organisation

Question

Someone plzzz give me the solution plzzz plzzzz

Shubham Kalra · Accepted Answer

Dear student,

â€‹â€‹â€‹â€‹â€‹

INCOME AND EXPENDITURE ACCOUNT

expenditure
Rs
income
Rs

to depreciation on furniture a/c
(15% on 70000)+(15% on 100000 for 9 months)
21750
by subscription received 80000
+ accrued subscription
on 31 3 19 {30000-(20000-16000)} 26000
106000

to loss on sale of furniture a/c (10000-8000)
2000
by interest on fixed deposit a/c
(9% on 40000)
3600

to rent 24000
- rent for the year (4000)
2017-18
20000
by donation (30000-18000)
12000

to souvenir and advertisement
23200
by entrance fees a/c
8000

to municipal tax a/c
2500

to printing and stationary a/c
26000

to telephone charges a/c
4000

to honorarium to doctor a/c
12000

To surplus (bal fig )
18150

129600

working

depreciation= {15% on (80000-10000) + 15% on 100000 for 9
months}= Rs (10500+11250)=Rs 21750

Regards!!

expenditure	Rs	income	Rs
to depreciation on furniture a/c (15% on 70000)+(15% on 100000 for 9 months)	21750	by subscription received 80000 + accrued subscription on 31.3.19 {30000-(20000-16000)} 26000	106000
to loss on sale of furniture a/c (10000-8000)	2000	by interest on fixed deposit a/c (9% on 40000)	3600
to rent 24000 - rent for the year (4000) 2017-18	20000	by donation (30000-18000)	12000
to souvenir and advertisement	23200	by entrance fees a/c	8000
to municipal tax a/c	2500
to printing and stationary a/c	26000
to telephone charges a/c	4000
to honorarium to doctor a/c	12000
To surplus (bal. fig.)	18150


	129600		129600

Someone plzzz give me the solution...plzzz plzzzz