5. From the following information calculate the amount of subscriptions to be credited to the income and
Expenditure Account for the year 2009-10 :
Rs
Subscriptions received during the year
S0.000
Subscriptions outstanding on 31st March, 2009
26.000
Subscriptions outstanding on 31st March, 2010
16.000
Subscriptions received in advance on 31st March, 2009
15.000
Subscriptions received in advance on 31st March, 2010
10.000
Subscriptions of Rs. 12,000 are still in arrears for the year 2008-09
(CBSE 09)
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