Following information of Malayalee Club is …
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Following information of Malayalee Club is given to you:
Particulars.
Subscription in arrears on 31 March, 2020 Subscription received in advance on 31/3/2020
Total subscription received during the year ending 31/3/21(including 1,80,000 for 2019-20
2,50,000 1,50,000
and 2,50,000 for 2021-22) Subscription outstanding on 31/3/2021
35,50,000 5,50,000
(a) Calculate the amount of subscription outstanding for the year 2020-21. (b) What is the amount of subscription received on 2020-21 for the year 2020-21?
3
(c) Calculate the amount of subscription to be credited to Income & Expenditure a/c for the year
ending 31/3/21.
Posted by Simranjit Kaur 2 years, 7 months ago
- 0 answers
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