Question

1) Subscription received during the year is Rs. 18,000/-. There are total 200 members paying annual subscription of Rs. 100 each. Find out the outstanding subscription?​

Answer 1

Answer:

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Explanation:

Subscription received during the year is Rs. 18,000/-. There are total 200 members paying

this is outstanding subscription

Answer 2

Answer:

Amount due = 2,000

Explanation:

Total subscription Amount = 20,000 [ 200 × 100 ]

Subscription received = (18,000)

Subscription due  =  2,000 [ 20,000 - 18,000 ]