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Question 01 Chapter 1 of +2 Part-1
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1. (Subscription)Calculate subscription income from the following details obtained from Tendulkar Club.
| Rs. | ||
| (a) | Subscription received | 2,25,000 |
| (b) | Subscription due in opening | 60,000 |
| (c) | Subscription received in the advance opening | 15,000 |
| (d) | Subscriptions due but not received closing | 45,000 |
| (e) | Subscription received in advance closing | 30,000 |
The solution of Question 01 Chapter 1 of +2 Part-1: –
| In the Books of Railway Club Receipts and Payment A/c as on 31st March 2019 | |||
| Particulars | Amount | Particulars | Amount |
| To Balance c/d (Outstanding at the beginning) | 60,000 | By Balance b/d (Received in Advance of opening) | 15,000 |
| To Income and Expenditure A/c (B.fig.) | 1,95,000 | By Cash A/c | 2,25,000 |
| To Balance b/d (Received in Advance at the end) | 30,000 | By Balance c/d (Outstanding at the end) | 45,000 |
| 2,85,000 | 2,85,000 | ||
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Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution
Chapter No. 1 – Accounting Not for Profit Organisations
Chapter No. 2 – Partnership Accounts – I (Introduction)
Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
Chapter No. 4 – Partnership Accounts – III (Reconstitution of Partnership)
Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
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Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
Chapter No. 8 – Company Accounts (Share Capital)
Chapter No. 9 – Company Accounts (Issue of Debentures)
Chapter No. 10 – Company Accounts (Redemption of Debentures)
Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution
Chapter No. 1 – Financial Statements of a Company
Chapter No. 2 – Financial Statement Analysis
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Chapter No. 3 – Tools of Financial Statement Analysis- Comparative and Common Size
Chapter No. 4 – Ratio Analysis
Chapter No. 5 – Cash Flow Statement
Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication
