Mc170203425

M.Ammad ud din Malik

Income and Expenditure Account

Silver Sports Club

Fot the Year Ended 31 December 2016

Expenditures Income

Discription Amount Discription Amount

ubscription Collected 60500 Subcription 63200

Subcription due but not 8000 Enterance Fee 3060

received in 2016.
Donation Received 12500
Subcription collected
during the year 2015 and
2017 must be less

3500

1800 -5300

Total Total income

63200 78760
 Mc170203425
M.Ammad ud din Malik
Income Amount Expenditures Amount

Enterance Fee Related Entertainment 2500

to income
Salary paid 9600
Enterance Fee
5100 Rent Expenses 7000
40% capital receipt
2040 Sundary Expenses 2400

Printing post and 2100

Stationary

SubTotal
23600

Total 3060 Total in surplus 55160

Income-Expenditures

78760-23600=55160

Answer is in surplus