From the following information, calculate the amount of subscription to be credited to the Income & Expenditure Account for the year ended 31st March, 2023:
From the following information, calculate the amount of subscription to be credited to the Income & Expenditure Account for the year ended 31st March, 2023:
 |  | ₹ |
1st April, 2022: |
Subscription in Arrears Subscription Received in Advance |
5,000 3,000 |
31st March, 2023: |
Subscriptions in Arrears Subscriptions Received in Advance |
2,500 7,000 |
Subscriptions received during the year ended 31st March, 2023 – ₹ 30,000.
Anurag Pathak Changed status to publish January 14, 2024