Question

There are 900 members in a society , each paying an annual subscription of rs.10 each . Subscription received in advance at the beginning and at the end of the year was 2600 and 2800 respectively . Subscription unpaidat the beginning of the year rs.1400, subscription received during the year 8000 . Calculate the sub unpaid at the end​

Answer 1

Answer:

For example

Explanation:

Subscription received during the year = 8000

(+)advance subscription previous year = 2600

(-) advance subscription for current year = 2800

(-) subscription outstanding in previous year= 1400

= 6400

Annual income of subscription = 900*10=9000

so outstanding subscription outstanding at the end of year

9000-6400= 2600