Question

during 2008,subscription received in cash is rs 42000.it includes rs 1600 for 2007 and rs 600 for 2009,also rs 3000 has to be received for 2008 ,calculate the amount to be credited to income and expenditure account in respect of subscription​

Answer 1

Answer:

47200 income and expenditure account dr side income

Answer 2

Answer:

answer is 42800

Explanation:

subscription received in cash= 42000

o/s subscription in the beginning= 1600

ad subscription received at the end= 600

o/s at the end= 3000

--> 42000+3000-1600-600

= 42800