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

Question 04 Chapter 1 of +2- Part-1

Question 04 Chapter 1 of +2- Part-1

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

(a)Subscription received during the year151,200
(b)Subscription outstanding opening6,300
(c)Subscription advance opening14,700
(d) Subscription advance closing8,400
(e)Subscription outstanding closing10,500

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

Income and Expenditure Account
Particulars
AmountParticularsAmount
  By Subscription received1,51,200 
  Add: – Closing O/S10,500 
   – Opening advance14,700 
    1,76,400 
   Less: – Opening O/S6,300 
   – Closing advance84001,61,700

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

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

2 Book 1 min - Question 04 Chapter 1 of +2- Part-1 - USHA Publication  12 Class Part - 1
Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms

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