Out income from subscription during the year ending 2019 : 2Particular

1.	Out income from subscription during the year ending 2019 : 2Particulars `Subscription received during the year 12,000Subscription outstanding in the beginning of the year 2,000Subscription received in advance for the next year 2020 900Subscription received in advance during 2018 year 700Subscription outstanding at the end of the year 2,800
Answer» Answer: 9.The RECEIPTS and Payments ACCOUNT of a club shows Rs 60,000 as the SUBSCRIPTION received during 2016-17. Accrued subscription at the beginning of the year was Rs 4,200 and that at the end of the year was Rs 3,800. There was no UNEARNED subscription on 01-04-2016. but that on 31-03-2017 was Rs 1,400. Prepare a STATEMENT showing the amount of subscription to be credited to the Income and Expenditure Account for the year ending 31-03-2017.9.The Receipts and Payments Account of a club shows Rs 60,000 as the subscription received during 2016-17. Accrued subscription at the beginning of the year was Rs 4,200 and that at the end of the year was Rs 3,800. There was no unearned subscription on 01-04-2016. but that on 31-03-2017 was Rs 1,400. Prepare a statement showing the amount of subscription to be credited to the Income and Expenditure Account for the year ending 31-03-2017.

Out income from subscription during the year ending 2019 : 2Particulars `Subscription received during the year 12,000Subscription outstanding in the beginning of the year 2,000Subscription received in advance for the next year 2020 900Subscription received in advance during 2018 year 700Subscription outstanding at the end of the year 2,800

Answer»

Answer:

9.The RECEIPTS and Payments ACCOUNT of a club shows Rs 60,000 as the SUBSCRIPTION received during

2016-17. Accrued subscription at the beginning of the year was Rs 4,200 and that at the end of the

year was Rs 3,800. There was no UNEARNED subscription on 01-04-2016. but that on 31-03-2017 was

Rs 1,400.

Prepare a STATEMENT showing the amount of subscription to be credited to the Income and

Expenditure Account for the year ending 31-03-2017.9.The Receipts and Payments Account of a club shows Rs 60,000 as the subscription received during

2016-17. Accrued subscription at the beginning of the year was Rs 4,200 and that at the end of the

year was Rs 3,800. There was no unearned subscription on 01-04-2016. but that on 31-03-2017 was

Rs 1,400.

Prepare a statement showing the amount of subscription to be credited to the Income and

Expenditure Account for the year ending 31-03-2017.