Question

The Gomati Club’s accounts as on December 31, 2014 showed that annual subscriptions outstanding were Rs.25,000 from 50 members and that subscriptions had been received for 2015 from 20 members. The total number of members at the end of 2014 were 1,500. During 2015, 25 members left or died (5 of which were those who owed subscriptions on 31st Dec. 2014) and 40 others were admitted; they paid Rs.4,000 as admission fees, 15 of these paid subscriptions for 2016 as well. The total amount received during 2015 as subscriptions was Rs.7,35,000. Prepare the Members’ Subscriptions Account for the year 2015.

Answer 1

Answer:

jsjdndndnfnnfndndndnrbdbf