Question 04 Chapter 1 of +2- Part-1 - USHA Publication 12 Class Part

Question 04 Chapter 1 of +2- Part-1

Table of Contents

4. (Subscription) Find out the income from the subscription of India Hockey Club:

(a)	Subscription received during the year	151,200
(b)	Subscription outstanding opening	6,300
(c)	Subscription advance opening	14,700
(d)	Subscription advance closing	8,400
(e)	Subscription outstanding closing	10,500

The solution of Question 04 Chapter 1 of +2 Part-1: –

Income and Expenditure Account
Particulars	Amount	Particulars		Amount
		By Subscription received	1,51,200
		Add: – Closing O/S	10,500
		– Opening advance	14,700
			1,76,400
		Less: – Opening O/S	6,300
		– Closing advance	8400	1,61,700

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Also, Check out the solved question of previous Chapters: –

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