wo be deducteu.]25. Calculate the income from subscription for the year 2020-21 to be credited to Income and ExpenditureAccount from the following information relating to a club:ParticularsSubscription received during the year (including 50,000 for 2019-20,775,000for 2021-22 and 25,000 for 2022-23)19,50,000Subscription received in advance as on 1st April, 2020 (including 37,500 for 2021-22)87,500Subscription outstanding as on 1st April, 20201,00,000Subscription outstanding as on 31st March, 20211,25,000Out of subscription outstanding as on 1st April, 2020, 37.500 are no larger receivable.(Ans.: 19,62,500.)Calculation of the Amount of consumable
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