Question 02 Chapter 1 of +2 Part-1
Table of Contents
2. (Subscription) Find out the amount to be credited to Income and Expenditure Account for the year ended 31-3-2015. Subscription received during the year Rs.2,26,800
| Particulars | 01-04-14 | 31-03-15 |
| Subscription due | 18,900 | 25,200 |
| Subscription in Advance | 23,100 | 4,200 |
The solution of Question 02 Chapter 1 of +2 Part-1: –
Calculation of Amount of Subscription:
| Particulars |
Amount |
| Subscription received During the year | 2,26,800 |
| Add: – Subscription outstanding on 31/03/2015 | 25,200 |
| Subscription received in advance on 1/4/2014 | 23,100 |
| 2,75,100 | |
| Less: – Subscription outstanding on 1/4/14 | (18,900) |
| Subscription received in advance 31/3/2015 | (4,200) |
| Amount for subscription credited to the Income and Expenditure A/c | 2,52,000 |
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Also, Check out the solved question of previous Chapters: –
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)
- 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
- Chapter No. 3 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 4 – Ratio Analysis
- Chapter No. 5 – Cash Flow Statement
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