Calculate subscription of current year to be credited to Income and Expenditure account from the following information : Subscription Received Rs. 80,000, Subscription Received in Advance Last year Rs. 10,000, Subscription Received in Advance during this year Rs. 2,000 and Accrued Subscription at the end of current year Rs. 5,000 :

Question

Option 1: Rs. 95,000

Option 2: Rs. 93,000

Option 3: Rs. 82,000

Option 4: Rs. 90,000

AfterBoards · Accepted Answer

The answer is 'Rs. 93,000'. View full solution:

CUET Accountancy 2023 11 June Shift 3 PYQs

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