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How much amount will be recorded …

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How much amount will be recorded in income and expenditure Account if club has 400 member each paying an annual subscription of ₹100.outstanding subscription on 31st March 2019 were ₹2000
  • 4 answers

Sia ? 3 years ago

Income and Expenditure Account
for the year ending 31st march 2019

Expenditure Income
          By Subscriptions (₹ 400 {tex}\times{/tex} 100) 40,000

Rs.40,000 credited to Income And Expenditure Account.

Crazy Girl 3 years ago

But Outstanding subscription jo diya huaa h 31st March 2019 were ₹2000 wo record nhi hoga aisa kyo plz explain kr digiye na

Priyanshu Rawat 3 years ago

40000

Swapnil Singh 3 years ago

40000 on income side of income and expenditure account.
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