Question

2. From the following particulars, show how the item 'subscription' will appear in the Income and
Expenditure Account for the year ended 31-12-2018?
Subscription received in 2018 is 50,000 which includes 25,000 for 2017 and 57,000 for 2019.
Subscription outstanding for the year 2018 is 26,000. Subscription of 74,000 was received in advance
for 2018 in the year 2017.
lution :​

Answer 1

Answer:

here's your answer

Explanation:

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