1.

3. Compute the income from subscription for the year 2012 from the followingparticulars relating to a club:1.1.2012 31.12.2012Outstanding Subscription19,000 14,000Advance Subscription5,600 10,400Subscription received during 2012 2,97,800​

Answer»

Answer:

288000

Explanation:

CURRENT YEAR amt received 297800

add: Advance of PY +5600

Outstanding of CY + 14000

less : Advance of CY ( 10400)

Outstanding of PY (19000)

______________________________

288000



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