Question

From the given extracts obtained from the Receipts and Payments Account of Cheema Club for the year
ended 31st March, 2019 and additional information, calculate the amount of subscription in arrears as on
31st March, 2019:
Subscriptions Received
₹ F
2017-18
10,000
2018-19
1,20,000
2019-20
7,000
Additional Information: The Club had 130 members paying an annual subscription of 1,000 each.
Subscriptions in arrears at the beginning of the year were 16,000. 10 members paid subscriptions for
(CBSE 2020)
219
1​

Answer 1

Answer:

this subricipition and.

Answer 2

Answer:

Explanation:

Subscription 2018- 2019

120000

+ o/s  10000

                           

130,000          

Subscription in Arear:

10000+ 6000

for 2017- 18

16000