FINANCIAL STATEMENTS OF NOT-FOR-PROFIT ORGANISATIONS
1.83
Rennes
To Balance b/d
To S...
World Languages, 14.08.2021 14:00, natewestly6464
FINANCIAL STATEMENTS OF NOT-FOR-PROFIT ORGANISATIONS
1.83
Rennes
To Balance b/d
To Subscriptions (including
600 received in advance)
To Interest on Investments
(Cost of Investments 50,000)
To Bank Interest
To Sale of furniture
(Book value 5,000)
To Life Membership fees
6,000 By Salaries
By Rent
40,000 By Stationery
By Postages
6,000 By Bicycle
200 By Govt. Bonds
By Balance c/d
2.400
8.100
15.400
12.300
700
400
1,800
12.500
19,600
62,700
62.700
Subscriptions include 3,200 for the last year, rent include 900 paid for the last
year. Subscriptions outstanding of the current year are 4,500. Rent outstanding for
the month of March, 2019 is 1,000 and a payment for stationery is also due for 250,
On 1-4-2018, Club had land valued 50,000 and furniture valued at 15.000.
[Ans. Opening Capital Fund 1,23,300; Surplus 15,150; Balance Sheet Total
148.400.
Answers: 1
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