4 from the following Receipts and Payments Account of Jaipur Sports Club, prepare Income and ExpenditureAccount for the year ended 31st March, 2020RECEIPTS AND PAYMENTS ACCOUNT for the year ended 31st March, 2020ReceiptsPaymentsTo Balanced200.000 By Rent60.000To Entrance Fees(including 15.000 for 2018-19)2018-1910.000By Insurance Premium60,0002019-2050.000 60.000(including 15,000 for 2020 21)To SubscriptionsBy Sports Equipments50,0002018-1910,000By Furniture60,0002019-20 (90%)90.000(Purchased on 31st March, 2020)2020-215,000 1,05,000 By 8% Fixed Deposit1,20,000To Life Membership Fees20,000(Made on 1st October, 2019)To Donations1,20,000 By Tournament Expenses10,000To Donations for Tournament50,000By Books20,000To Subscriptions for Governor's Party15,000 By Newspapers1,000To interest on 89 Fixed Deposit2.400By Printing and Stationery19,000To Sale of Old Newspapers300 By Balance cd1,80,000To Sale of Old Sports Materials500(Book Value 1.200)To Lockers Rent6,800(including 600 for 2018-19)5,80,0005,80,000​