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From the following receipts and payments account and the additional information given below, calculate the amount of subscription to be - Accountancy

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प्रश्न

From the following receipts and payments account and the additional information given below, calculate the amount of subscription to be shown in the Income and expenditure account for the year ending 31st December, 2018.

Receipts Payments
To Subscription        
2017 28,000      
2018 1,72,000      
2019 12,000 2,12,000    
         

Additional information: Subscription outstanding for the year 2018 is ₹ 8,000.

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उत्तर

Dr. Income and Expenditure Account for the year ended 31.12.18 Cr.
Expenses Income
    By Subscription 1,72,000  
    (+) Outstanding 8,000 1,80,000
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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2: Accounts of not–for–profit organisation - Exercises [पृष्ठ ७३]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
अध्याय 2 Accounts of not–for–profit organisation
Exercises | Q IV 8. | पृष्ठ ७३
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