Question : Subscription credited to the Income and Expenditure account was Rs 4,00,000, Subscription outstanding at the end of the previous year was Rs 30,000. and outstanding at the end of the current year was Rs 35,000. The subscription received in advance for next year was Rs 9,000 and the received in Advance during the previous year was  Rs 8,000. What was the amount recorded in the Receipts and Payment Account? 

Option 1: Rs 4,04,000

Option 2: Rs 4,96,000

Option 3: Rs 3,91,000

Option 4: Rs 4,00,000

Question : Subscription credited to Income and Expenditure Account was Rs 3,00,000, Subscriptioin received in advance for next year was Rs 30,000 and received in advance during previous year was Rs 20,000. Subscrptions in arrear at the end of current year were Rs 7,000. What was the total subscription recorded in the Receipts and Payment Account?

Option 1: Rs 3,00,000

Option 2: Rs 3,03,000

Option 3: Rs 3,10,000

Option 4: Rs 3,23,000

Question : Subscription received in cash during the current year amounted to Rs. 15000. Subscription outstanding at the end of the previous year was Rs. 500 and outstanding at the end of the current year was Rs. 750 Subscription received in advance for next year was Rs. 250  The amount credited to Income and Expenditure Account will be:

Option 1: Rs. 15,000

Option 2: Rs. 16,500

Option 3: Rs. 31,000

Option 4: Rs. 30,500

Question : Subscription received in cash during the current year amounted to Rs. 15000. Subscription outstanding at the end of the previous year was Rs. 500 and outstanding at the end of the current year was Rs. 750 Subscription received in advance for next year was Rs. 250  The amount credited to Income and Expenditure Account will be:

Option 1: Rs. 15,000

Option 2: Rs. 16,500

Option 3: Rs. 31,000

Option 4: Rs. 30,500

Question : Subscription received in cash during the year amounted to Rs 1,00,000 (excluding life membership fee Rs 10,000). Subscription outstanding at the end of previous year was Rs 2,000 and outstanding at the end of the current year was Rs 2,500. Subscription received in advance for next year was Rs 800. what will be the amount credited to Income and Expenditure Account?

Option 1: Rs 99,700

Option 2: Rs 1,09,700

Option 3: Rs 1,00,500

Option 4: Rs 1,02,500