Question : During the year ended 31st March, 2020, subscriptions received were Rs. 21,00,000. These subscriptions include Rs. 30,000 for the year ended 31st March, 2019 and Rs. 40,000 for the year ending 31st March, 2021. On 31st March, 2020, subscriptions due but not received were Rs. 50,000. The corresponding amount on 1st April, 2019 was Rs. 60,000. Determine the amount that should be credited to Income and Expenditure Account as subscriptions for the year ended 31st March, 2020.

Option 1: Rs 20,55,000

Option 2: Rs 20,50,000

Option 3: Rs 2,05,000

Option 4: Rs 20,35,000

Question : During the year ended 31st March 2020, subscriptions received were Rs. 31,00,000. These subscriptions include Rs. 60,000 for the year ending 31st March 2019 and Rs. 80,000 for the year ending 31st March 2021. On 31st March 2020, subscriptions due but not received were Rs. 1,00,000. The corresponding amount on 1st April 2019 was  1,20,000. Determine the amount that should be credited to the Income and Expenditure Account as subscriptions for the year ended 31st March 2020.

Option 1: Rs. 30,00,000

Option 2: Rs. 31,40,000

Option 3: Rs. 31,00,000

Option 4: Rs. 25,80,000

Question : During the year ended 31st March 2020, subscriptions received were Rs. 31,00,000. These subscriptions include Rs. 60,000 for the year ending 31st March 2019 and Rs. 80,000 for the year ending 31st March 2021. On 31st March 2020, subscriptions due but not received were Rs. 1,00,000. The corresponding amount on 1st April 2019 was  1,20,000. Determine the amount that should be credited to the Income and Expenditure Account as subscriptions for the year ended 31st March 2020.

Option 1: Rs. 30,00,000

Option 2: Rs. 31,40,000

Option 3: Rs. 31,00,000

Option 4: Rs. 25,80,000

Question : From the following information, calculate the amount of subscription due to be shown as on 31st March, 2018 if there are 1,000 members and each paying Rs 300 p.a as subscription:

1. Subscription received during the year 2017-2018 Rs 3,00,000

2. Subscription received in advance as on 31.3.2018 Rs 36,800

3. Subscription outstanding as on 1-04-2017 Rs 32,000

4. Subscription received in advance as on 1-04-2017 Rs 25,000

Option 1: Rs 43,800

Option 2: Rs 30,000

Option 3: Rs 33,800

Option 4: None of the above 

Question : There are 400 members of the club, each paying an annual subscription of Rs 200. Total subscriptions received during the year 2018-2019 were Rs 78,000 (including Rs 4,000 for last year and Rs 1,000 for next year) During 2017-2018, 15 members had paid their subscription for 2018-2019 also. What is the subscription outstanding for the current year?

Option 1: Rs 9,000

Option 2: Rs 80,000

Option 3: Rs 4,000

Option 4: Rs 3,000