subscriptions for 2008 still receivable were rs 700 interest due on savings certific 620290

From the figures given below prepare an Income and Expenditure Account for 2008.

Dr.
Receipts	Rs	Payments	Rs
To Opening Balance	200	By Salaries	4,800
In Hand	1,600
At Bank
To Subscriptions:		By Rent	500
500 8,300 600	9,400
To Sale of Investments	2000	By Stationery and Postale	200
To Sale of Old Furniture (Book Value)	300	By Bicycle Purchase	300
		By National Saying Certificate	3,000
		By Help to Needy Students	2,000
		By &lame
		in Hana 300
		AT bank 2400	2700
	13,500		13,500

Subscriptions for 2008 still receivable were Rs 700 interest due on savings certificates Rs 100 and rent unpaid but due was Rs 60.