Prepare the Income and Expenditure Account of Texas Club relating to 2017-18 from the figures given below: To Opening Balance 1,800 By Salaries 4,800 To Subscriptions 9,000 By Rent 500 To Sale of Investments 2,000 By Stationery 200 To Sale of Old Furniture 300 By Defence Bonds 3,000 (Book value $ 400) By Furniture purchased 2,000 To Donations 100 By Bicycle purchased 300 By Balance c/d 2,400 13,200 13,200