6. Rs. 1,00,000 received as annual subscription. Out of this, Rs. 20,000 is of previous year whereas Rs. 10,000 is receivable at the end of the current year. Amount of subscription thatwill be shown in the Income and Expenditure Account will be:a) Rs. 1,00,000b) Rs. 90,000c). Rs 1,20,000d.) Rs 80,000

6. Rs. 1,00,000 received as annual subscription. Out of this, Rs. 20,0

1.	6. Rs. 1,00,000 received as annual subscription. Out of this, Rs. 20,000 is of previous year whereas Rs. 10,000 is receivable at the end of the current year. Amount of subscription thatwill be shown in the Income and Expenditure Account will be:a) Rs. 1,00,000b) Rs. 90,000c). Rs 1,20,000d.) Rs 80,000
Answer» B) RS. 90,000Explanation:1,00,000 - OUTSTANDING in BEG. + outstanding at END.

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