Following is the Receipt and Payment Account of Women's Welfare Club for the year ended 31st March, 2019: RECEIPTS AND PAYMENTS ACCOUNT for the year ended 31st March, 2019 Dr. Cr. Receipts ₹ Payments ₹ To Cash in Hand 22,500 Salary 1,25,000 To Cash at Bank 50,000 By Stationery 17,000 To Subscriptions 8,17,500 By Electric Charges 95,500 To Donations 30,000 By Insurance 75,000 To Government Grant 1,50,000 By Equipments 3,00,000 To Sale of Newspapers 3,000 By Petty Expenses 5,000 To Proceeds of Charity Show 1,65,000 By Expenses on Charity Show 1,29,000 To Interest on Investments 10% for full year 70,000 By Newspapers 10,000 To Sundries Income 4,000 By Lectures Fee 1,65,000 By Honorarium to secretary 1,20,000 By Cash in Hand 20,500 By Cash at Bank 2,50,000 13,12,000 13,12,000 Additional Information: Particulars 1st April, 2018 (₹) 31st March, 2019 (₹) 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, 2019,and Balance Sheet as on that date.