The Following is Receipts and Payments account of SMS Hospital. Prepare Income and Expenditure A/c for the year Ending

The Following is Receipts and Payments account of SMS Hospital. Prepare Income and Expenditure A/c for the year Ending Receipts To opening Balance To Subscription To Entrance fee To Sale of medicines To Other Receipts Amount 15,500 52,000 6,000 3,000 9,500 Payment By Salary By Building By Furniture By Postage By electricity Charges By medicines By Closing Cash Balance Amount 25,000 14,000 15,000 400 1,600 6,500 23,500 86,000 86,000