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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
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