How much amount will be shown in the income and expenditure account in the following case?
Creditors 10000( Opening) and 8000(closing)
stock 4000(Opening) and stock 4200 ( closing)
The payment made to the stationary is rs. 50000
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If the amount of Subscription received during the period is year-wise broken down in the Receipts and Payments Account, then just take the current year's portion and add any arrear/outstanding portion of that. And in the additional information, it is stated that the NPO has 1000 members, each pay Rs.
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