Question

Receipts and Payments Account of Young Association disclosed
that it has received ₹2,00,000 by way of subscriptions during the
year ended on March 31, 2016.
Additional Information :
Subscription Outstanding as on 1-4-2015
(Out of which 3,500 were received in 2015-16) ₹5,000
Subscription received in advance on 31-3-2015 ₹3,000
Subscription received in advance on 31-3-2016 ₹4,100

Answer 1

Answer:

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