From the following particulars, calculate the amount of subscriptions to be credited to the Income & Expenditure Account for the year ended 31st March, 2023
From the following particulars, calculate the amount of subscriptions to be credited to the Income & Expenditure Account for the year ended 31st March, 2023:
₹ | |
(i) Subscriptions in arrears on 31st March, 2022 | 500 |
(ii) Subscriptions received in advance on 31st March, 2022 for 2022 – 23 | 1,100 |
(iii) Total subscriptions received during 2022 – 23 (including ₹ 400 for 2021-22, ₹ 1,200 for 2023 – 24 and ₹ 300 for 2024 – 25) | 35,400 |
(iv) Subscriptions outstanding for 2022 – 23 | 400 |
Anurag Pathak Changed status to publish February 6, 2024