From the following particulars prepare the Income and Expenditure Account for the year ending at Dec 31, 2008.
|
Rs |
||
|
Subscriptions received during the year |
9,000 |
|
|
Subscriptions outstanding at Dec 31, 2008 |
1,700 |
|
|
Subscriptions received in advance at Dec 31, 2008 |
200 |
|
|
Life membership fees |
2,500 |
|
|
Donations received |
3,000 |
|
|
Interest received |
250 |
|
|
Printing, postage and stationery |
750 |
|
|
Office Expenses |
1,200 |
|
|
Investments purchased |
4,000 |
|
|
Outstanding office expenses at Dec 31, 2008 |
600 |