Illustration 19 From the following particulars relating to TMR Club, prepare the Income and Expenditure Account and the Balance Sheet for the year ended 31" December, 2012. Cr. Dr. Receipts Balance b/d Subscriptions Donations (Building construction) Sale of old newspapers Charity show receipts Total Additional information Particulars Amount t 7,130 12,870 15,000 1,200 2,200 38,400 Subscription due Subscription received in advance Building Payments Refreshment Salaries Petty expenses Furniture (1-7-2012) Charity show expenses Balance c/d Total Depreciate furniture by 10% and building by 15% 1" Jan. 2012 500 200 30,000 Amount 5,400 9,000 4,000 15,000 2,000 3,000 38,400 31 Dec. 2012 700 350 30,000