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from the following information calculate the subscription to be credited to the income and expenditure account for the year 2017-18 : subscriptions received during the year rupees 50,000 subscriptions outstanding as on 31st March 2017 Rupees 6000 out of which rupees 2,000 is received during the year subscription outstanding is on 31st March 2018 rupees 8000 subscription received in advance as on 31st March 2018 rupees 5000 |
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Answer» following information CALCULATE the SUBSCRIPTION to be CREDITED to the income and expenditure account for the year 2017-18 : subscriptions received during the year rupees 50,000 subscriptions outstanding as on 31st March 2017 Rupees 6000 out of which rupees 2,000 is received during the year subscription outstanding is on 31st March 2018 rupees 8000 subscription received in advance |
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