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प्रश्न
How are the following items of subscriptions shown in the Income and Expenditure Account for the year ended 31st March, 2019 and Balance Sheets as at 31st March, 2018 and 2019?
| ₹ | |
| Subscriptions received during the year ended 31st March, 2019 | 358,500 |
| Subscriptions outstanding on 31st March, 2018 | 30,000 |
| Subscriptions received in Advance on 31st March, 2018 | 22,500 |
| Subscriptions received in Advance on 31st March, 2019 | 13,500 |
| Subscriptions outstanding on 31st March, 2019 | 37,500 |
| (including ₹ 12,500 for the year ended 31st March, 2018) |
खातेवही
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उत्तर
| Dr. | Income and Expenditure Account for the year ended March 31, 2019 |
Cr. | ||
| Expenditure | Amount (₹) | Income | Amount (₹) | Amount (₹) |
| Subscriptions | 3,58,500 | |||
| Add: Outstanding at the end | 37,500 | |||
| Add: Advance in the beginning | 22,500 | |||
| Less: Outstanding in the beginning | 30,000 | |||
| Less: Advance at the end | 13,500 | 3,75,000 | ||
| Balance Sheet as on March 31, 2018 | |||
| Liabilities | Amount (₹) | Assets | Amount (₹) |
| Subscription received in Advance | 22,500 | Subscriptions Outstanding | 30,000 |
| Balance Sheet as on March 31, 2018 | |||
| Liabilities | Amount (₹) | Assets | Amount (₹) |
| Subscription received in Advance | 13,500 | Subscriptions Outstanding |
37,500 |
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