From the following information, calculate the amount of subscription to be shown in the credit of income and expenditure account for the year ending 31st March, 2023:
From the following information, calculate the amount of subscription to be shown in the credit of income and expenditure account for the year ending 31st March, 2023:
In the year ended 31st March, 2023, subscriptions received were ₹ 2,10,000 (including ₹ 6,000 of arrears from previous year) and subscriptions in arrears of previous year were written off ₹ 4,000.
31st March, 2022 | 31st March, 2023 | |
Subscriptions in Arrears | 20,000 | 18,000 |
Subscriptions in Advance | 13,000 | 11,000 |
Anurag Pathak Changed status to publish February 6, 2024