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From the following particulars of Evergreen club, prepare Receipts and payments Account for the year ended 31st March,2019: (₹) (₹) Cash in Hand on 1st April,2018 50,000 Newspaper and Magazines 87,000 Cash at Bank on 1st April,2018 3,40,000 Sale of Old Newspaper 12,000 Subscriptions Received 15,70,000 Books Purchased 3,40,000 Donations Received 2,80,000 Sports Materials Purchased 4,70,000 Investments purchased 5,00,000 Interest on Investments Received 50,000 Rent paid 50,000 Honorarium to coaches 1,50,000 General Expenses 2,30,000 Cash in Hand on 31st March,2019 30,000 Postage and stationery 25,000 Cash at Bank on 31st March ,2019 ?
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