Following is the Receipts and Payments Account of Delhi Football Club for the year ended 31st March, 2018:
Additional Information:
(i) During the year ended 31st March, 2018, the club had 550 members and each paying an annual subscription of Rs. 100.
(ii) Salaries Outstanding as at 1st April, 2017 were Rs. 10,000 and as at 31st March, 2018 were Rs.5,000. Prepare Income and Expenditure Account of the Club for the year ended 31st March, 2018.
