Accountancy, asked by hridya1078, 2 months ago

Ascertain the amount of income from subscriptions for the year ended 31st

March 2021.

Subscriptions outstanding on 1st April 2020 ₹60,000

Subscriptions outstanding on 31st March 2021 ₹40,000

Subscriptions received in advance as on 1st April 2020 ₹32,000

Subscriptions received in advance as on 31st March 2021 ₹38,000

As per the Receipts and Payments Account for the year ended on 31st March ,

2021, the subscriptions received were ₹6,00,000.​

Answers

Answered by kaurcindrella4
2

Answer:

answer is in the above attachment

Hope it helps you

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Explanation:

Answer is 574000

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