Accounts Solution | Class 12th Chapter 2. Accounts of 'Not for Profit' Concerns | Maharashtra Board HSC

Accounts of 'Not for Profit' Concerns Solutions

Check Out the Sum Solutions. This are the HSC notes online with Calculation and explanatory notes.


1. (Calculation of stationery consumed during the year) With the above information, calculate the amount of stationery consumed during the year and show its presentation in final accounts of a concern


2. (Presentation of subscription only) With the above information present the item Subscription in Income and Expenditure Account for the year ended 31.03.2019 Balance Sheet as on that date.


3. With the help of above information present the item Subscription in Income and Expenditure Account for the year ending 31.03.2018 and Balance Sheet as on that date.


4. (Preparation of income and expenditure account only)  Following is the Receipts and payments account of "Satara Sports Club" Satara Prepare Income and Expenditure Account for the year ending 31.03.2019


5. "Bhartiya Kala Kendra", Solapur gives you the following information, for the year ended on 31.03.2018 Prepare income and Expenditure account for the year ending 31.02.2018


6. (Accounts of a Charitable Hospital) From the following particulars relating to "Radha-Krishna Charitable Hospital" Pune. Prepare Income and Expenditure Account for the year ending 31.03.2020 and Balance Sheet as on that date.


7. From the following transactions of Receipts and Payemnts Account of "Pavan -putra Hanuma Vyayamshala" Parbhani, and the adjustments given, you are required to prepare Income and Expenditure Account and balance Sheet as on 31st March 2019.


8. (Newly Started Art Circle) "Jeevan Jyoti Art Circle" a newly established concern has presented the following information.


9. Given below is Receipts and Payments Account of "Vithai Mahila mandal" Pandharpur for the year ending 31.03.2018. Prepare an Income and Expensiture Account for the year ended 3.03.2018 and Balance Sheet as on that date.


10. From the following Receipts and payments Account "K.B.P. Engineering College" Nashik for the year ending on 31.0.2019 and additional information, prepare Income and Expenditure Account for the year ending 31.03.2019 abd Balance Sheet as on that date


11. (Account of a School) From the following Balance sheet and Receipts and Payments Account of "New English School", Barshi, Prep[are Income and Expenditure Account for the year ending 31.03.2020 and a Balance Sheet as on that date.


12. (Account of a library) Following is the receipts and Payments Account of "Dhananjay Library, Mumbai" for the year ending 31.03.2020


13. (Outstanding Expenses and Prepaid Expenses) From the following information supplied to you, prepare Income and Expenditure Account for the year ending on 31.03.2020 and Balance sheet as on that date for "Morya Sports Club" Thane.


14. (Charitable Hospital) Following information has been provided by "Vivekanand Charitable Hospital" Latur. You are required to prepared Income and Expenditure Account for the year ending on 31.03.2019 and Balance Sheet as on that date.

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