Prepare Income and Expenditure Accounts

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Question - Q Following is the information provided by khalid Sports Club:

Cash in Hand 5,000

Cash at Bank 50,000

Ground Rent 40,000

Entrance Fee 10,000

Miscellaneous Expenses 3,000

General Expenses 21,000

Postage & Printing 7,000

Closing Cash Balances 2,000

Subscriptions 35,000

Donations 100,000

Taxes 8,000

Secretary's Salary 65,000

Utility Expense 9,000

Sale of Tickets 72,000

REQUIRED - Prepare Income and Expenditure Accounts.

Reference no: EM132813618

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