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as per receipt and payment account what the year ended on 31st March 2008 subscription received where RS 250000 additional information given is as follows: 1. subscription outstanding on 1st April 2007 RS 50,000 2. subscription outstanding on 31st March 2008 Rs 35,000 3. subscription received in advance as on 31st March 2008 Rs 30,000 Ascertain the amount of income from subscription for the year 2007- 2008

Posted by Abdulazeem Mulla 7 years ago

CBSE > Class 12 > Accountancy

2 answers

Mayank Garg 7 years ago

205000

Kittu Das 7 years ago

205000

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