Following is the Receipt and Payment Account of Women's Welfare Club for the year ended 31st March, 2018: RECEIPTS AND PAYMENTS ACCOUNT for the year ended 31st March, 2018 Dr. Cr. Receipts ₹ Payments ₹ To Cash in Hand To Cash at Bank To Subscriptions To Donations To Government Grant To Sale of Newspapers To Proceeds of Charity Show To Interest on Investments 10% for full year To Sundries Income 22,500 50,000 8,17,500 30,000 1,50,000 3,000 1,65,000 70,000 4,000 By Salary By Stationery By Electric Charges By Insurance By Equipments By Petty Expenses By Expenses on Charity Show By Newspapers By Lectures Fee By Honorarium to secretary By Cash in Hand By Cash at Bank 1,25,000 17,000 95,500 75,000 3,00,000 5,000 1,29,000 10,000 1,65,000 1,20,000 20,500 2,50,000 13,12,000 13,12,000 Particulars 1st April, 2017 (₹) 31st March, 2018 (₹) Outstanding Salaries 12,000 18,000 Insurance Prepaid 7,000 3,000 Subscription Outstanding 37,500 25,000 Subscription received in advance 17,500 10,000 Electricity Charges outstanding ... 12,500 Stock of Stationery 22,500 7,000 Equipments 2,56,000 5,02,000 Building 12,00,000 11,40,000 Prepare Income and Expenditure Account for the year ended 31st March, 2018,and Balance Sheet as on that date.