Question : There are 1000 members in the sports club paying an annual subscription of Rs 50 each. Subscription received during the year Rs 38,000 including Rs 6000 for next year. -------- will be shown as an outstanding subscription at the end of the year.

Option 1: Rs 50,000

Option 2: Rs 18,000

Option 3: Rs 6000

Option 4: Rs 12,000

Question : A sports club received Rs.52,000 as subscription during the year. The club has 750 members each paying an annual subscription of Rs.100 each. Last year, 55 members of the club paid subscription in advance for this year. Subscription outstanding for the year amounts to:

Option 1: Rs.12,500

Option 2: Rs.13,000

Option 3: Rs.17,500

Option 4: Rs.25,000

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

Question : How much amount will be recorded in Income and Expenditure A/c If the club has 600 members each paying an annual subscription of Rs. 200. Outstanding Subscription at the end of the year is Rs. 3,000.

Option 1: Rs. 1,17,000

Option 2: Rs. 1,20,000

Option 3: Rs. 1,23,000

Option 4: Rs. 1,26,000

Question : There are 500 members, each paying an annual subscription of Rs 100, Subscription received during the year Rs 45,000. Subscription received in advance at the beginning of the year Rs 2,400. What will be credited to the Income and Expenditure Account? 

Option 1: Rs 47,400

Option 2: Rs 50,000

Option 3: Rs 52,400

Option 4: Rs 47,400