Question

Compute the income from subscription for the year 2018 from the following
particulars relating to a club.
(a) Subscription in arrears on 31-12-2017 –`6200
(b) Subscription received in advance on 31-12-2017 `12,000
(c) Total Subscription received during the year 2018 (Including `5,200 for 2017
and `11,000 for 2019) `6,60,000
(d) Subscription outstanding for 2018 `4,000.

Answer 1

Explanation:

Compute the income from subscription for the year 2018 from the following

particulars relating to a club.

(a) Subscription in arrears on 31-12-2017 –`6200

(b) Subscription received in advance on 31-12-2017 `12,000

(c) Total Subscription received during the year 2018 (Including `5,200 for 2017

and `11,000 for 2019) `6,60,000

(d) Subscription outstanding for 2018 `4,000.

I DO NOT NO ANSWER