Question 07 Chapter 1 of +2 Part-1 – USHA Publication 12 Class Part – 1

Question 07 Chapter 1 of +2 Part-1

7. (Subscription) Find out the amount of subscription to be credited to Income and Expenditure Account of Lions Club for the accounting year ended 31-12-2015 from the following information:

Subscription Received for 2014 – Rs.480; 2015 – Rs.25,320 and 2016 – Rs 960. There are 1800 active members of the club and each has to subscribe Rs 15 annually. Rs 540 were in arrears for 2014 at the beginning of the year 2015.

The solution of Question 07 Chapter 1 of +2 Part-1: – 

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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)
• 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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