Question

Subscription received in advance on 31-3-2016
Subscription outstanding for 2016-17
Show how the subscription will appear in Income and Expenditure Account
(Ans. Subscription credited to Income and Expenditure Account 26,56,500.)
Q. 8. Prom the following information calculate the amount of subscription t
Tired to the Income and Expenditure Account for the year 2016-17 :
Subscriptions received during the year
Subscriptions outstanding on 31st March, 2016
Subscriptions outstanding on 31st March, 2017
Subscriptions received in Advance on 31-3-2016
50,000
20,000
6,000
8.000​

Answer 1

Answer:

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