Question no 6 Chapter 1 V K Publication class 12
6. From the information given below, draft the Receipts and Payments A/c of Lions Club, Delhi for the year ended March 31, 2018:
| Particulars | ₹ | Particulars | ₹ |
| Cash in Hand on 1.4.2017 | 4,400 | Salaries and Wages | 21,500 |
| Subscriptions | 37,600 | Honorarium to Secretary | 2,500 |
| Donation | 8,000 | Interest received on Investments | 2,950 |
| Entrance Fees | 4,300 | Printing and Stationery | 350 |
| Rent received from Club Hall | 5,250 | Petty Cash Payments | 900 |
| Electricity Charges | 3,440 | Insurance Premium Paid | 310 |
| Taxes | 500 | ||
The Solution of Question No 5 Chapter No 01 – V K Publications Class 12
| Lions’ Club, Delhi Receipts and Payments Account For the year ended 3 1st March, 2018 |
|||||
| Receipts | Amount | Payments | Amount | ||
| To Balance b/d | 4,400 | By Salaries and Wages | 21,500 | ||
| To Subscriptions | 37,600 | By Honorarium to Secretary | 2,500 | ||
| To Donations | 8,000 | By Printing and Stationery | 350 | ||
| To Entrance Fees | 4,300 | By Petty cash payments | 900 | ||
| To Rent from Club Hall | 5,250 | By Insurance Premium | 310 | ||
| To Interest on Investment | 2,950 | By Electricity charges | 3,410 | ||
| By Taxes | 500 | ||||
| By Balance c/d | 33,000 | ||||
| 62,500 | 62,500 | ||||
Note: Expenses unpaid during the year and non-cash expenses like depreciation are not included Receipts and Payments Account
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Also, Check out the solved question of all Chapters: –
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Advanced Accountancy – Unimax Class 11 – 2021 – Solution.
Part-I
- Chapter No. 1 – Introduction of Accounting
- Chapter No. 2 – Theory Base of Accounting
- Chapter No. 3 – Vouchers and Transactions
- Chapter No. 4 – Journal
- Chapter No. 5 – Goods and Services Tax (GST): An Introduction
- Chapter No. 6 – Ledger
- Chapter No. 7 – Special Purpose Book – Cash Book
- Chapter No. 8 – Other Subsidiary Books
- Chapter No. 9 – Trial Balance
- Chapter No. 10 – Rectification of Errors
- Chapter No. 11 – Depreciation
- Chapter No. 12 – Provision and Reserves
- Chapter No. 13 – Bank Reconciliation Statement
- Chapter No. 14 – Bills of Exchange
Students may choose only one part from the Part II and Part III
Part-II
- Chapter No. 15 – Financial Statements (Without Adjustments)
- Chapter No. 16 – Financial Statements (With Adjustments)
- Chapter No. 17 – Accounts from Incomplete Records – Single Entry System
Part-III
- Chapter No. 18 – Introduction to Computers and Accounting information System
- Chapter No. 19 – Computerised Accounting
- Chapter No. 20 – Accounting Software: Tally
- Chapter No. 21 – Data Base System
- Chapter No. 22 – Concept of Entity and Relationship
Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution
Chapter No. 2 – Theory Base of Accounting
Chapter No. 3 – Origin of Transactions
Chapter No. 4 – Vouchers and transactions
Chapter No. 6 – Accounting for Goods and Services Tax(GST)
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Chapter No. 9 – Other Subsidiary Books
Chapter No. 10 – Journal Proper
Chapter No. 11 – Trial Balance
Chapter No. 12 – Bank Reconciliation Statement
Chapter No. 14 – Provisions and Reserves
Chapter No. 15 – Bills of Exchange
Chapter No. 16 – Rectification of Errors
Chapter No. 17 – Financial Statements – (Without Adjustments)
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Chapter No. 18 – Financial Statements – (With Adjustments)
Check out V. K. Publication Class 12 @ Oficial Website of V. K. Publication