[ISC] Q 1 Non-Trading Organisation Solution TS Grewal Class 11 (2023-24)

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Are you looking for the solution of Question number 1 Non Trading Organisation (NPO) Chapter TS Grewal class 11 ISC Board for 2023-24 Session?

From the following particulars of Mumbai Recreation Club, prepare the Receipts and Payments Account for the year ended 31st March, 2023:

Cash in Hand on 1st April, 2022
Cash at Bank on 1st April, 2022
Subscriptions Received
Donations Received
Investments Purchased
Rent Paid
General Expenses
Postage and Stationery
500
3,400
15,700
2,800
5,000
500
2,300
250
Newspapers and Magazines
Sale of Old Newspapers
Books Purchased
Sorts Materials Purchased
Interest on investments Received
Honorarium to Coaches
Cash in Hand on 31st March, 2023
Cash at Bank on 31st March, 2023
870
120
3,400
4,700
500
1,500
300
?

Solution:-

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