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There are 200 members, each paying an an...

There are 200 members, each paying an annual subscription of Rs 1,000, subscription received during the year Rs 1,95,000, subscriptions received in advance at the beginning of the year Rs 3,000 and at the end of the year Rs 2,000. Amount shown in Income & Expenditure Account will be :

A

Rs 2,00,000

B

Rs 1,96,000

C

Rs 1,94,000

D

Rs 2,01,000

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A
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Subscriprion received during the year 2018 -19 : Rs. 1,50,000, Subscription Rs. 75,000 is outstanding:

Subscriptions received during the year ended 31st March 2019 are {:(,,"Rs",,"Rs"),("For the year ended 31st March,2018",,4.000,,),("For the year ended 31st March,2019",,2.11.000,,),("For the year ended 31st March,2020",,8.000,,2.23.000):} There are 450 member each paying an annual subscription of Rs. 500.Rs. 4,500 were in arrears for the year ended 31st March, 2018 in the beginning of the year ended 31st March 2019. Calculate subscriptions to be shown in Income and Expenditure Account for the year ended 31st March 2019 and also show treatment of subscriptions in the Income and Expending Account and Balance Sheet.

following is the summary of cash transaction of the Royal Club for the year ended 31st March 2019 In the beginning of the year the club possessed Books of Rs 2,00,000 and Furniture of Rs 85,000 Subscription in arrears in the beginning of the year amouned to Rs 3,500 and at the end of the year Rs 4,500 and six months Rent was both in the beginning of the year and at the end of the year. prepare income and Expenditure Account of the club for the ended 31st March 2019 and its Balance Sheet as at that date after writing off Rs 5,000 and Rs 11, 300 on Furniture and Books respectivley.

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