हिंदी
तमिलनाडु बोर्ड ऑफ सेकेंडरी एज्युकेशनएचएससी वाणिज्य कक्षा १२

From the following particulars, show how the item ‘subscription’ will appear in the Income and Expenditure Account for the year ended 31-12-2018? - Accountancy

Advertisements
Advertisements

प्रश्न

From the following particulars, show how the item ‘subscription’ will appear in the Income and Expenditure Account for the year ended 31-12-2018?

Subscription received in 2018 is ₹ 50,000 which includes ₹ 5,000 for 2017 and ₹ 7,000 for 2019. Subscription outstanding for the year 2018 is ₹ 6,000. Subscription of ₹ 4,000 was received in advance for 2018 in the year 2017.

खाता बही
Advertisements

उत्तर

Dr. Income and Expenditure Account for the year ended 31.12.2018 Cr.
Expenses Income
    By Subscription 50,000  
    (−) Subscription 2017 5,000  
       45,000  
    (−) Subscription recd in Adv. 7,000  
       38,000  
    (+) Subscription O/s 6,000  
       44,000  
    (+) Sub. recd. in Advance 2017 4,000 48,000
shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2: Accounts of not–for–profit organisation - Exercises [पृष्ठ ७५]

APPEARS IN

सामाचीर कलवी Accountancy [English] Class 12 TN Board
अध्याय 2 Accounts of not–for–profit organisation
Exercises | Q IV 12. | पृष्ठ ७५
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×