# Question 13 Chapter 1 of +2-A – T.S. Grewal 12 Class Part – A Vol. 1

Question 13 Chapter 1 of +2-A

13. Subscription received during the year ended 31st March 2019 are:
For the year ended 31st March 2018 1,600
For the year ended 31st March 2019 84,400
For the year ended 31st March 2020 3,200 89,200
There are 450 members, each paying an annual subscription of Rs 200; Rs 1,800 were in arrears for the year ended 31st March 2018.
Calculate the number of subscriptions to be credited to Income and Expenditure Account for the year ended 31st March 2019

### The solution of Question 13 Chapter 1 of +2-A: –

Calculation of Subscription outstanding at the end of the year

 Total Subscription Due for the year-end 31st March, 2019 (Total Member X Amount of Subscription) 450 Members X Rs 200 each 90,000 Less: Subscription received during the year for the year 2018-19 84,400 Subscription outstanding at the end of the year 5,600

Calculation of Amount of Subscriptions

 Subscription received During the year 89,200 Add: – Subscription outstanding at the end of the year 5,600 94,800 Less:- Subscription outstanding at the beginning of the year 1,600 Subscription received in advance at the end of the year 3,200 The amount for subscription credited to the Income and Expenditure A/c 90,000
 Income and Expenditure Account Expenditures Amount Incomes Amount By Subscription (450 Members X Rs 200 each) 90,000

Note: The total amount of Subscription received is shown in the income and expenditure account. So, we don’t need to show full calculations in the income and expenditure account.

Not-for-Profit Organisations – Meaning and Overview

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