Following is the receipt and payment of Minarwa Club, for the year ended on 30th June Rs. Receipts Cash in hand 1480 3625 Subscription Donations 1310 Sales of drinks 255 Entrance fee 4000 Lockers rent 1500 Sale of drama tickets 2500 1500 6430 22600 Total Rs. 2,410 6,000 Rent and Rates Payments Printing & Stationery 2,000 Postage 5490 3450 650 2600 Interest Paid Furniture. Light & Heat Expense on Drama Purchase of Drink Cash in hand 22600 Total

Following is the receipt and payment of Minarwa Club, for the year ended on 30th June Rs. Receipts Cash in hand 1480 3625 Subscription Donations 1310 Sales of drinks 255 Entrance fee 4000 Lockers rent 1500 Sale of drama tickets 2500 1500 6430 22600 Total Rs. 2,410 6,000 Rent and Rates Payments Printing & Stationery 2,000 Postage 5490 3450 650 2600 Interest Paid Furniture. Light & Heat Expense on Drama Purchase of Drink Cash in hand 22600 Total

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter6: Merchandising Transactions

Section: Chapter Questions

Problem 17Q: A seller sells $800 worth of goods on credit to a customer, with a cost to the seller of $300....

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