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From the following, determine the amount of subscription to be credited to Income and expenditures account for the year ended 31st March,2018. Subscription received during the year were as follows ... For the year ended 31march,2017 Rs 20,000 For the year ended 31march, 2018 Rs 3,00,000 For the year ended 31march,2019 Rs 30,000. Subscription outstanding as at 31march, 2017 were Rs 35,000 out of which Rs 5,000 were not recoverable. On the same date, subscription received in advance for the year ended 31st march was Rs 20,000. subscription still outstanding as at 31st March, 2018 amounted to Rs 60,000.

Posted by Ashima Mahajan 6 years ago

CBSE > Class 12 > Accountancy

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Vinesh Raj 6 years ago

Accounting year kon si h

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