25. Calculate the income from subscription for the year 2020-21 to be credited to Income and Expenditure
Account from the following information relating to a club:
Particulars
₹
Subscription received during the year (including 50,000 for 2019-20, 75,000
for 2021-22 and 25,000 for 2022-23)
Subscription received in advance as on 1st April, 2020 (including * 37,500 for 2021-22)
19,50,000
87,500
Subscription outstanding as on 1st April, 2020
1,00,000
Subscription outstanding as on 31st March, 2021
1,25,000
Out of subscription outstanding as on 1st April, 2020,*37,500 are no larger receivable,
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Answer:
1800000000000ok ??????
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