Page 108 - VIRANSH COACHING CLASSES

In the Books of Yesubai Mahila Mandal
Income & Expenditure Account
for the year ended 31 March 2019
st
Dr. Cr.
Expenditure Amt. Amt. Income Amt. Amt.
` ` ` `
To Rent 25,000 By Entrance fees 28,000
Less : O/s for 2017-18 7,000 Less : Capitalized 28,000 --------
18,000 By Subscriptions 45,000

Add : O/s for 2 months 5,000 23,000 Add : O/s Subscriptions 3,000 48,000
To Stationery 3,000 By Miscellaneous 5,000
Less : O/s for 2017 - 18 1,000 Receipts
2,000 By O/s Interest on Investment 390
Add : O/s Expenses 450 2,450 By Deficit 7,860
To Salaries 22,000 (Excess of Expenditure

Less : O/s for 2017 - 18 8,000 14,000 over Income)
To Furniture Repairs 1,800
To Honorarium to 16,000
Secretary
To Miscellaneous Expenses 2,000
To Depreciation on Furniture 2,000

61,250 61,250

Balance Sheet as on 31 March 2019
st
Liabilities Amount Amount Assets Amount Amount
` ` ` `
Capital Fund Cash in Hand 8,200
Opening Balance 30,000 Cash at Bank 16,000
Add : Entrance fees 28,000 Furniture 20,000
58,000 Less : 10 % Depreciation 2,000 18,000
Less : Deficit 7,860 50,140 6 % Investments 6,500
Outstanding Expenses Add : O/s Interest 390 6,890

Rent 5,000 Outstanding Subscription
Stationery 450 5,450 2017 - 18 6,500
Subscription Received 3,000 2018 - 19 3,000 9,500
in Advance
58,590 58,590

99