MCQOPTIONS
Saved Bookmarks
| 1. |
From the following information provided, the income from subscription to be shown in the Income and Expenditure A/C for the year ending 31/12/2015 can be calculated at Rs. ______(i) Subscription received during 2015 : for 2014 Rs.5,000 for 2015 Rs.30,000 for 2016 Rs.6,000(ii) Subscription received in advance as at 31/12/2014 Rs.6,000(iii) Subscription outstanding as at 31/12/2014 Rs.6,000(iv) Subscription outstanding as at 31/12/2015 Rs.4,000 |
| A. | Rs.40,000 |
| B. | Rs.28,000 |
| C. | Rs.51,000 |
| D. | Rs.41,000 |
| Answer» B. Rs.28,000 | |