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प्रश्न
From the following information, calculate the amount of subscription due to be shown in the
‘Income and Expenditure Account’ for the year ended 31.3.2011 if there are 1000 members and each paying Rs 300 p.a. as subscription.
Subscription received during the year 2010 − 2011: Rs 3,00,000.
Subscription received in advance as on 31.3.2011: Rs 36,800.
Subscription outstanding as on 1.4.2010: Rs 32,000.
Subscription received in advance as on 1.4.2010: Rs 25,000
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उत्तर
|
Subscription Account |
|||
|
Dr. |
Cr. |
||
|
Particular |
Amount Rs |
Particular |
Amount Rs |
|
Outstanding Subscription A/c (Outstanding subscription in the beginning)
Income and Expenditure A/c
Advance Subscription A/c (Advance subscription at the end)
|
32,000
3,00,000
36,800
|
Advance subscription A/c (Advance subscription in the beginning)
Bank A/c (Subscription received during the year)
Outstanding Subscription A/c (outstanding subscription at the end) (Balancing Figure)
|
25,000
3,00,000
43,800
|
|
3,68,800 |
|
3,68,800 |
|
|
|
|
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