# Question 3 Chapter 1 – Unimax Class 12 Part 1 – 2021

Question 3 Chapter 1 - Unimax Class 12 Part 1 - 2021

Question 3 Chapter 1 – Unimax Class 12 Part 1

3. Calculate the account of subscriptions received during the year ended 31st March 2021 from the following information:

Income from subscriptions for the current year Rs. 16,500, the other relevant information is:

 (a)Subscriptions outstanding on 31st March 2020 1050 (b)Subscriptions received in advance on 31st March 2020 860 (c)Subscriptions outstanding on 31st March 2021 1040 (d)Subscriptions received in advance on 31st March 2021 550

## The solution to Question 3 Chapter 1 – Unimax Class 12 Part 1:

 Amount Income from subscription During the year 2012-2013 16500 Add: – Outstanding as on 31st March 2013 1050 Add: – Received in advance as on 31st March 2012 550 1600 18100 Less: – Outstanding as on 31st March, 2012 1040 Less: – Received in advance as on 31st March, 2013 860 1900 Amount of subscription received during the year 16200

Not-for-Profit Organisations – Meaning and Overview

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Not-for-Profit Organisations – Meaning and Overview

Also, Check out the same article in Hindi from the following link

Not-for-Profit Organisations – Meaning and Overview

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

Accountancy – Unimax Class 12 Part 1 – 2021 – Solution.

Chapter No. 1 – Accounts of Non-Profit Organisations

Chapter No. 2 – Partnership Accounts – I (Basic Concepts)

Chapter No. 3 – Partnership Accounts – II (Goodwill)

Chapter No. 4 – Partnership Accounts – III (Change in Profit Sharing Ratio among Existing Partners)

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)

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)

T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)