Question

11. From the following information related to a 'Health Club, calculate the amount of subscriptions received during the year ended 31st March, 2018 Income from subscriptions for the year ended 31st March, 2018 120000 Subscriptions received in advance during the year ended 31st March, 2018 10000 Subscriptions outstanding on 1st April, 2017 27000 Subscriptions outstanding on 31st March, 2018 22000 Subscriptions received in advance on 1st April, 2017. 8000 Plzzsolve this

Answer 1

Answer:

127000

Explanation:

120000 = cash received -10000 - 27000 + 22000 + 8000

cash received = 127000