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From the following Receipts and Payments Account of Jaipur Sports Club, prepare Income and Expenditure Account for the year ended 31st March, 2018:

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Best answer

Income and Expenditure Account

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Working Notes:

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This answer is wrong because printing and stationery is given 19 000 in the question
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Surplus wrong value and sale of sports materials is also wrong, it should come as by sale of old newspapers

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