Apex Foundation Receipt And Payment a/c Assignment
- Country :
Australia
The Following is the receipt and payment a/c of Apex foundation a non-for profit organization.
Additional information
Fixed assets as at 1 January, 2022
- Land and Building- 800,000
- Furniture 210,000
- Van at cost 500,000
Membership strength as at 1" January, 2022 is 300 and annual subscription fee of 2000 per person
- Subscription due 31" December, 2021-68,000
- Subscription due 31" December, 2022- 40,000
Accrued Interest on investment
- 1 January, 2022-16,000
- 31" January, 2022-20,000
Prepare Income and Expenditure Account and statement of affairs for the year ending 31st December, 2022
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