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 31 March, 2019 Sunscriptions Received 2017-18 2018-19 2019-20 10.000 120.000 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 2018-19 in 2017-18​

Answer 1

Answer:

HEYA MATE YOUR ANSWER IS

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 2018 - 19 in 2017 - 18.

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