From the following information related to Ralph Welfare Society prepare Income and Expenditure Account for the year ended 31st March, 2010. Dr. Cr. RECEIPTS AND PAYMENTS ACCOUNT for the year ended 31st March, 2010 Receipts $ Payments $ To Balanc b/d 3,000 2,200 By Furniture 2,300 By Salaries To Interest on Investments 14,500 To Donations 17,000 200 To Subscriptions 12,900 28,000 By Telephone Charges By Fax Machine To Rent Received 12,000 6,000 To Sale of old Newpapers 300 By Investments 15,000 400 By Printing & Stationery By E alance c/d 9,800 61,800 61,800 Additional Information Subscriptions received include $ 600 for 2010-11. The amount of Subscriptions Outstanding on 31.03.2010 were $ 500; Salaries during 2009-10 unpaid were $ 700 and Rent receivable was $ 200. 60% of the Donations were to be capitalised. Capital Fund as at 31st March, 2009 was $. 10,200 and club also had investments of $. 8,000. By Miscellaneous Expenses