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Question 03 Chapter 1 of +2 Part-1
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3. (Subscription) From the following information, calculate the amount of subscription to be shown in the Income and Expenditure Account for the year ending 31-3-2015.
Particulars | 2014 | 2015 | 2016 |
Subscription received | 600 | 14,000 | 800 |
Subscription outstanding for 2015 was Rs.500
The solution of Question 03 Chapter 1 of +2 Part-1: –
Amount of Subscription for the year ending 31-3-2015:
Particulars |
Amount |
Subscription received During the year | 14,000 |
Add: – Subscription outstanding for 2015 | 500 |
The amount for subscription credited to the Income and Expenditure A/c | 14,500 |
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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)
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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)
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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
Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication
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