Calculate the amount of subscription received to be shown in the Income &
Expenditure A/c of a Sports Club for the year ending on 31st December, 2014
on the basis of the following information :
Subscription received during 2014
Subscription due but not paid as on 31st December, 2014
Subscription received in advance in 2013 for 2014
Subscription received in 2014 for outstanding
amount of the year 2013
Subscription received in 2014 for the year 2015
18,000
1,800
1,000
600
800
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Answer:
Subscription received during 2014
Subscription due but not paid as on 31st December, 2014
Subscription received in advance in 2013 for 2014
Subscription received in 2014 for outstanding
amount of the year 2013
Subscription received in 2014 for the year 2015
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