Question

Subscription received during the year 2019-20: ₹ 1,50,000. Outstanding Subscription as on 31st march 2019:₹1,00,000. The amount shown as subscription receipt will be 

Answer 1

Answer:

150000 + 100000 = 250000

Answer 2

Concept Introduction:-

Subscription is an association to acquire something, generally a publication, frequently via way of means of paying in advance.

Given Information:-

We have been given that Subscription received during the year$2019-20:$₹$1,50,000$. Outstanding Subscription as on $31$st march $2019:$₹$1,00,000$.

To Find:-

We have to find that the amount shown as subscription receipt will be.

Solution:-

According to the problem

The amount shown as subscription receipt will be$=150000-100000=50000$.

Final Answer:-

The amount shown as subscription receipt will be ₹ $50000$.

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