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How to calculate subscription in income …

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How to calculate subscription in income and expenditure accounts

Posted by Shivam Sharma 6 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Gaurav Seth 6 years, 7 months ago

Calculation of Subscription to be shown in the Income and Expenditure Account for current year.

(a) Statement of Actual amount of subscription for the current year.

Explanation	Detail	Amount
Subscription received during the year	———	———
Add:- Outstanding Subscription (End or Current year)	———
Prepaid or advance (Beg. Or previous year)		———
Less:- Outstanding Subscription (Beg. or previous year) Prepaid or Advance (End or current year) Amount of subscription to be shown in Income & Exp. NC	—	—

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