Documente Academic
Documente Profesional
Documente Cultură
Additional information:
Subscriptions:
2017-18 1,000
28,000
2019-20
500
2020-21
Additional information:
Total no. of members=1000.
Annual membership fee= Rs. 30
Subscription outstanding on 31st March 2018= Rs. 1,300.
8. From the following extracts of receipts and payments account and
additional information given below, compute the amount of income
from subscription and show as hoe they would appear in income and
expenditure account for the year ended march 31, 2019 in the balance
sheet on that date:
Subscriptions:
2017-18 7000
2018-19 30,000
2019-20 5,000
Additional information :
1. Subscription outstanding 31st march 2018, Rs. 8,500.
2. Total subscription outstanding 31st march 2019, Rs.18,500.
3. Subscription received in advance as on 31st march 2018, Rs. 4,000.
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