Question

22. From the following information, calculate the amount of subscriptions outstanding as at
31st March, 2009. All India 2010
A club has 250 members each paying an annual subscription of ? 1,000. The receipts and
payments account for the year showed a sum of * 2,05,000 received as subscriptions. The
following additional information is provided
Amt)
Subscriptions outstanding on 31st March, 2008 = 30,000
Subscriptions received in advance on 31st March, 2009 = 40,000
Subscriptions received in advance on 31st March, 2008 =
14,000​

Answer 1

22. From the following information, calculate the amount of subscriptions outstanding as at

31st March, 2009. All India 2010

A club has 250 members each paying an annual subscription of ? 1,000. The receipts and

payments account for the year showed a sum of * 2,05,000 received as subscriptions. The

following additional information is provided

Amt)

Subscriptions outstanding on 31st March, 2008 = 30,000

Subscriptions received in advance on 31st March, 2009 = 40,000

Subscriptions received in advance on 31st March, 2008 =

14,000