Question

ਜਾਦਾ ਹੈ! What do you mean by 'Income and Expenditure Account' ? How it can be converted into Receipts and payments Account'? (P.S.E.B. March 2008, 2015 Set A) PRACTICAL PROBLEMS 1. Find out the income from subscription for the year : Particulars (1) Subscription received during the year 5,200 (2) Subscription outstanding at the end 2,100 (3) Subscription outstanding at the beginning of the year 600 (4) Subscriptions received in advance at the end of the year 700 (5) Subscriptions received in advance in the beginning of the year 400
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Answer 1

Answer:

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