Vamab club has 200 members each member to pay rupees 600 as annual subscriptions 10 member paid their area for last year 15 member have paid subscription in advance for 25 have not paid the subscription for the current year show how much amount for subscription is received?
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0
answer
.
.
is 16000
Answer
Income and Expenditure Account
Dr as on 31 st December, 2011 Cr
Expenditure Amt.(Rs.) Income Amt.(Rs.)
Subscription for 2011 80,000
( - ) Outstanding for 2010 3,000
77,000
( - )Received in Advance for 2012 6,000
71,000
Balance Sheet
As on 31 st December, 2011
Liabilities Amt.(Rs)
Assests Amt. (Rs.)
Subscription Received in Advance for
6,000 Subscription
(12,000 - 3,000 received ). 9,000
Answered by
0
Answer:120000
Explanation:
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