FIN611 - Advanced Financial Accounting
Question(s) similar to the following:
Income & Expenditure account shows subscriptions for the year at Rs. 3,000. It is further given that Subscriptions to the extent of Rs. 500 were outstanding for the current year, the amount to be shown on the debit side of the Receipts & Payments Account will be:
Question 1: Income & Expenditure account shows subscriptions for the year at Rs. 3,000. It is further given that Subscriptions to the extent of Rs. 500 were outstanding for the current year, the amount to be shown on the debit side of the Receipts & Payments Account will be:
Rs. 2,500
Rs. 3,000
Rs. 3,500
Rs. 500
Similar Questions:
Question 2: Income & Expenditure account shows subscriptions for the year at Rs. 3,000. It is further given that Subscriptions to the extent of Rs. 500 were outstanding for the current year, the amount to be shown on the debit side of the Receipts & Payments Account will be:
Rs. 2,500
Rs. 3,000
Rs. 3,500
Rs. 500
Quizzes of FIN611 - Advanced Financial Accounting
Question 1: Income & Expenditure account shows subscriptions for the year at Rs. 3,000. It is further given that Subscriptions to the extent of Rs. 500 were outstanding for the current year, the amount to be shown on the debit side of the Receipts & Payments Account will be:
Rs. 2,500
Rs. 3,000
Rs. 3,500
Rs. 500
Similar Questions:
Question 2: Income & Expenditure account shows subscriptions for the year at Rs. 3,000. It is further given that Subscriptions to the extent of Rs. 500 were outstanding for the current year, the amount to be shown on the debit side of the Receipts & Payments Account will be:
Rs. 2,500
Rs. 3,000
Rs. 3,500
Rs. 500
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