Business Studies, asked by anushkarajput3186, 10 months ago

Outstanding subscription is

Answers

Answered by abiramiragu

Hi frnd

Outstanding Subscription at the Beginning: It is that amount of Subscription which due in Previous year and not received in Previous Year. Therefore, It is deducted while ascertaining Subscription received during the Current Year and on the Other hand, it is shown on the Assets side of Opening Balance Sheet.

Hope this helps u

Answered by unatha4

Answer:

Outstanding Subscription at the Beginning: It is that amount of Subscription which due in Previous year and not received in Previous Year. Therefore, It is deducted while ascertaining Subscription received during the Current Year and on the Other hand, it is shown on the Assets side of Opening Balance Sheet.

Explanation:

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