A club has 200 members each paying an annual subscription of ₹ 1,000
From the following information, calculate the amount of subscriptions outstanding for the year 2022 – 23:
A club has 200 members each paying an annual subscription of ₹ 1,000. The Receipts and Payments Account for the year showed a sum of ₹ 2,05,000 received as subscriptions. The following additional information is provided:
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Subscriptions Outstanding on 31st March, 2022 Subscriptions Received in Advance on 31st March, 2023 Subscriptions Received in Advance on 31st March, 2022 |
30,000 40,000 14,000 |
Anurag Pathak Changed status to publish February 6, 2024
