Скачать или смотреть Day 4 | Questions No. 1 - 14 of Subscription (NPO) Class 12 Accounts PSEB- Explained with Animation

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0:00 Introduction
0:27 1. Calculate subscription income from the following details
obtained from Tendulkar Club.
Subscription received 2,25,000
(b) Subscription due in opening 60,000
(c) Subscription received in the advance opening 15,000
(d) Subscriptions due but not received closing 45,000
(e) Subscription received in advance closing 30,000
2:38 2. Find out the amount to be credited to Income and Expenditure
Account for the year ended 31-3-2015. Subscription received during the year
Rs.2,26,800
Particulars 01-04-14 31-03-15
Subscription due 18,900 25,200
Subscription in Advance 23,100 4,200
6:50 3. From the following information, calculate the amount of subscription
to be shown in the Income and Expenditure Account for the year ending 31-3-2015.
Particulars 2014 2015 2016
Subscription received 600 14,000 800
Subscription outstanding for 2015 was Rs.500
8:48 4. Find out the income from the subscription of India Hockey Club:
(a) Subscription received during the year 151,200
(b) Subscription outstanding opening 6,300
(c) Subscription advance opening 14,700
(d) Subscription advance closing 8,400
(e) Subscription outstanding closing 10,500
10:33 5. Receipts and Payments account of Rotary Club disclosed that it has
received Rs 20,000 by way of subscriptions for the year ended on 31-03-2015:
Rs.
(a) Subscription outstanding on 1-4-2014 (Out of which Rs.3,500 were received in
2014-15) 5,000
(b) Subscription Outstanding on 31-3-2015 for 2014-15 6,400
(c) Subscription received in advance on 31-3-2014 3,000
(d) Subscription received in advance on 31-3-2015 4,100
Show how the subscription will appear in the Income and Expenditure Account for the
year ending 31-3-2015.
15:03 6. Prepare subscription account from the information given
below:
Rs.
(a) Subscription received during the year 30,000
(b) Subscription due but not received (opening) 8,000
(c) Subscription received in advance (opening) 2,000
(d) Subscriptions due but not received (closing) 6,000
(e) Subscription received in advance (closing) 4,000
17:38 7. Find out the amount of subscription to be credited to Income and
Expenditure Account of Lions Club for the accounting year ended 31-12-2015 from the
following information:
Subscription Received for 2014 – Rs.480; 2015 – Rs.25,320 and 2016 – Rs 960. There
are 1800 active members of the club and each has to subscribe Rs 15 annually. Rs 540
were in arrears for 2014 at the beginning of the year 2015.
19:35 8. How will you deal with the following items while preparing the Income and
Expenditure Account and Balance Sheet for the year ended 31-3-2015.
The club has 500 members each paying Rs. 200. Subscription outstanding on 31-3-14
was Rs.28,000.
24:11 9. Subscriptions received during the year ended March 31, 2015, by Indus Club were as
under :
The club has 500 members each paying Rs. 200 as an annual subscription. Subscription
outstanding as of 31-3-14 was Rs. 6,000. Calculate the amount of subscription to be
shown as income in the income and expenditure account for the year ended 31 March
2015 and show the relevant data in the Balance Sheet on 31-3-2014 and 2015.
28:35 10.
Club has 600 members, each paying an annual subscription of Rs. 100; Rs.3900 were in
arrears for 2013-14 on 1.4.2014: 32 members had paid the subscription for 2014-15 in
the year 2013-14.
Also, indicate the amount to be credited to be taken in the opening and closing balance
sheets.
35:55 11. You are required to show subscription in Income and Expenditure account and
relevant information in the Balance Sheet.
Additional Information:
Subscription Outstanding 31-3-2015 - Rs. 10,000
Subscription Outstanding 31-3-2014 - Rs. 30,000
Subscription Received in advance 31-3-2014 – Rs. 7,000
40:32 12. Extracts of Receipts and Payments account for the year ended 31-3-2015 are given
below:
(a) Subscription outstanding on 31.3.2014 2,500
(b) Total Subscriptions outstanding as on 31.3.2015 6,000
(c) Subscription received in advance as on 31.3.2014 1,400

43:40 13. There are 900 members in a society, each paying an annual
subscription of Rs. 10 each. Subscription received in advance at the beginning and at the
end of the year was Rs.2600 and Rs. 2800 respectively. Subscription unpaid at the
beginning of the year Rs.1,400, Subscription received during the year Rs.8,000.
Calculate the subscription unpaid at the end.
46:08 14. A club has 300 members. Each member pays Rs.100 annual subscription.
Subscription Rs.2,800 is outstanding on 31-3-2010.

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