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club has 500 members each paying annual subscription received in advanced for the current year Rs. 10,000. Subscription received during the year Rs. 30,000. Calculate the amount of outstanding subscription

    • Posted by Aniket Singh 5 years, 2 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Shashi Ramachandran 5 years, 2 months ago

    Annual Subscription is missing in the question.

    500 x Annual subscription - 10,000 (received in last year as advance)- ₹30,000(received during the year) = Outstanding Subscription

     

    2Thank You

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