WebFrom the following information calculate the amount of subscriptions to be credited to the Income & Expenditure Account for the year 2016-17: Rs Subscriptions received during the year 80, 000 Subscriptions outstanding on 31st March, 2016 26, 000 Subscriptions outstanding on 31st March, 2024 6, 000 Subscriptions received in Advance on 31-3-2016 ... Web5 Apr 2024 · Subscription receivable for 2024-2024 = Number of Members X Annual Subscription = 210 X 75 = ₹15,750 Subscriptions Outstanding (For Current Year) = Subscription Receivable – Subscription Received = ₹15,750 – ₹11,750 = ₹4,000 Working Notes: 1. Subscription outstanding for 2024-2024 = ₹800 – ₹550 (received in 2024-2024) …
What is subscription in NPO – Treatments and Examples:
WebSubscriptions received during the year were as follows: For the year ended 31st March, 2024: Rs. 20,000 For the year ended 31st March, 2024: Rs. 300,000 For the year ended 31st March, 2024: Rs. 30,000 Subscription outstanding as at 31st March, 2024 was Rs. 35,000 out of which Rs. 5,000 was not recoverable. WebQ. Subscriptions received during the year ended 31st March , 2024 are: ₹ ₹ For the year ended 31st March, 2024 1,600 For the year ended 31st March,2024 84,400 For the year ended 31st March,2024 3,200 89,200 There are 450 members , each paying an annual subscription of ₹ 200; ₹ 1,800 were in arrears for the year ended 31st March, 2024. ... ridge country club auburn ca
Subscription received during the year Rs. 1,80,000; Subscriptions
WebSubscription is the main source of income for an NPO besides entrance fees, donations, grants, etc. Subscriptions refer to the amount of money paid by the members on periodic basis for keeping their membership with the organisation alive. It is paid monthly, quarterly, half yearly or annually by the members. WebA Charitable Institution has 250 members with a annual subscription of `5,000 each. The subscription received during 2024-19 were `11,25,000, which include ` 65,000 and `25,000 for the years of 2024-18 and 2024-20 respectively. Amount of outstanding subscription for the 2024-19 will be ridge country club golf course