PRACTICALS QUESTIONS
Q. Janta Kalayan Club has 1250 members each paying an annual subscription of 150. During the year ended 31st
March, 2018 the club did not receive subscription from 45 members and received subscriptions in advance from
46 members for the year ending 31st March, 2019. On 31st March, 2017 the outstanding subscriptions were
15,000 and subscriptions received in advance were 3000.
Calculate the amount of subscription that will be debited to the , Receipts and Payments Account for the year
ended 31st March, 2018.
(3)
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