Question

Subscription credited to Income & Expenditure Account was Rs.200000. Subscription received

in advance for next year was Rs.10000 and received in advance during the previous year was Rs.8000. Subscription in arrears at the end of previous year was Rs. 18000 and subscription in arrears the end of current year Rs. 12000. What was the shown i Receipt &

Payment Account?​

Answer 1

Answer:

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