|To Balance b/d||32,500||By Salaries||31,500|
|To Subscription||By Postage||1,250|
|2016-17 1,500||By Rent||9,000|
|2017-18 60,000||By Printing and|
|To Donations (Billiards Table)||90,000||By Sports Material||11,500|
|By Miscellaneous Expenses||3,100|
|To Entrance Fees||1,100||By Furniture (1.10.2017)||20,000|
|To Sale of old magazines||450||By 10% investment|
|By Balance c/d (31.3.18)||27,000|
i. Subscription outstanding as at March 31st 2018 Rs. 16,200.
ii. Rs.1200 is still in arrears for the year 2016-17 for subscription.
iii. Value of sports material at the beginning and at the end of the year was Rs 3,000 and Rs. 4,500 respectively.
iv. Depreciation to be provided @ 10% p.a. on furniture.