Question 09 Chapter 1 of +2- Part-1 – USHA Publication 12 Class Part – 1

Question 09 Chapter 1 of +2-Part-1

9. Subscriptions received during the year ended March 31, 2015, by Indus Club were as under :

The club has 500 members each paying Rs. 200 as an annual subscription. Subscription outstanding as of 31-3-14 was Rs. 6,000. Calculate the amount of subscription to be shown as income in the income and expenditure account for the year ended 31 March 2015 and show the relevant data in the Balance Sheet on 31-3-2014 and 2015.

The solution of Question 09 Chapter 1 of +2 Part-1: – 

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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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