Question

1. Prepare the "Subscription Account" from the following items for the year ending on 31 March 2009:
CONCEPT:1
SUBSCRIPTION ACCOUNT
Rs.
(0) Subscriptions in arrear as oh 31 March 2008
500
(i) Subscriptions received in advance at
31 March 2008 for 2008–09
1,100
(ii) Total Subscriptions received during 2008-09.45,400
(including Rs. 400 for 2007-08 Rs. 1,200 for
20010-2011 and Rs. 300 for 2009-10)
(v) Mr X proved insolvent in the beginning of current year and thus could not pay subscription of last
50.Their were 1000 members excluding X each paying Rs 50 each
[Ans.: Amount to be posted in the income and expenditure account Rs. 35,000]
honar ending on 31 March 2003​

Answer 1

Answer:

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Explanation:

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Answer 2

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