INCOME & EXPENDITURE ACCOUNT FOR THE PERIOD SEPTEMBER 1976 TO 28TH FEBRUARY 1978

Summary

This one-page institutional financial statement records the Swatantra Party, Maharashtra’s income and expenditure for the period September 1976 to 28 February 1978. It lists expenditure on salaries, rent and electricity, postage and telegrams, conveyance, and office expenses, alongside income from donations, rent receipts, and miscellaneous receipts. The statement reports total income and expenditure of Rs. 12,534.17 and an excess of expenditure over income of Rs. 306.58 transferred to the balance sheet.

The accompanying balance sheet, dated 28 February 1978, shows a capital fund of Rs. 482.19, represented by cash on hand, cash with the Union Bank of India, and the income-and-expenditure account balance. No human author or signatory is visible on the rendered page; the document is issued under the name of Swatantra Party, Maharashtra.

Key points

• The document covers the Swatantra Party, Maharashtra’s accounts from September 1976 through 28 February 1978.
• Recorded expenditure totals Rs. 12,534.17.
• Major expenditure items are rent/electricity at Rs. 9,482.62 and salaries at Rs. 2,202.00.
• Income consists chiefly of donations of Rs. 5,050.00 and rent receipts of Rs. 7,108.59.
• The statement records an excess of expenditure over income of Rs. 306.58.
• The balance sheet reports a capital fund of Rs. 482.19.
• Assets include cash on hand and cash with the Union Bank of India.