From the following information related to Ralph Welfare Society prepare Income and Expenditure Account for the year ended 31st March, 2010. Dr. Receipts RECEIPTS AND PAYMENTS ACCOUNT for the year ended 31st March, 2010 $ Cr. Payments $ To Balanc b/d 2,200 By Furniture 3,000 To Interest on Investments 2,300 By Salaries 14,500 To Donations 17,000 By Miscellaneous Expenses 200 To Subscriptions To Rent Received To Sale of old Newpapers 28,000 By Telephone Charges 12,900 12,000 By Fax Machine 6,000 300 By Investments 15,000 By Printing & Stationery 400 By Ealance 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.