17. From the given extracts obtained from the Receipts and Payments Account of Cheema Club for the year ended 31st March, 2019 and additional information, calculate the amount of subscription in arrears as on
31 March, 2019
Sunscriptions Received
2017-18
2018-19
2019-20
10.000
120.000
7.000
Additional Information The Club had 130 members paying an annual subscription of 1,000 each Subscriptions in arrears at the beginning of the year were 16,000 10 members paid subscriptions for
2018-19 in 2017-18
ans-:
subs. received from 10 members for 2018-19 in 2017-18 and i.e. is 10,000 so it will be also subtracted as because this is advance for 2018-19
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Answer:
this is subrcipition answer
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