The receipts and payments account of a club for the year ended on 31st Dec 2020 is given below

Rs 720 Receipts To Balance b/d Cash in Bank Cash in Hand To Entrance Fees (Revenue) To Membership Subscription To Sale proceeds of old papers To Hire of Lecture Hall To Interest on Securities 500 Rs Payments By Electricity Charges 2,800 2,200 3,000 By Postage 20,000 By Stationery 150 By Investment purchased 2,000 By Rent 800 By Outstanding Expenses paid By Other expenses By Salary By Balance od Cash in Bank Cash in Hand 30,950 500 6,000 8,800 700 4,000 6,600 2,000 1,130 30,950