Prepare Income and Expenditure Account for the year ending on Dec 31, 2008
|
Rs |
||
|
Subscriptions received (including Rs 5,000 for 2007 and Rs 4,000 for 2009) |
65,000 |
|
|
Sports Equipment purchased |
20,000 |
|
|
Printing and Stationery |
3,200 |
|
|
Salary paid (including Rs 100 for 2007) |
12,000 |
|
|
Donations received |
5,000 |
|
|
Rent Paid |
6,000 |
|
|
Salary outstanding for 2008 |
700 |
|
|
Tournament Expenses |
2,300 |
|
|
Entrance Fees (60% to be capitalised) |
8,000 |
|
|
Entertainment Expenses |
1,800 |
|
|
Subscriptions due but not received for 2008 |
7,500 |