E but not received were 10,000. What amount would be credited to income and Expenditure Account for the year ended 31st March 2021 subscriptions?
Ans: Subscriptions to be crediled to come and expenditure Account 4.16.000
27. From the given extracts obtained from the Receipts und Payments Arcount of Cheema Club for the year
ended 31st March, 2019 and additional information, calculate the amount of subscription in arrears as on
31st March, 2019
Subscriptionen ved
2017-18
2018-19
1,20,000
7000
Additional information: The Club had 130 members paying an annual subscription of 1.000 each
Subcriptions in arrears at the beginning of the year were 16,000 10 members paid subsorptions for
2019 in 2017-18
ICSE 200
(Ans. Subscription in armar os on Ixtarch, 2019 36000.
Hint: unent year outstanding subscription is NIEL
& Subscriptions received during the year ended 31st March, 2021 are:
2
For the year ended 31st March, 2020
For the year ended 31st March, 2021​