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Commerce · Q564

Accounting

Graduate and Post Graduate · Commerce · question 564

Q564

Subscription recieved in 2009 is For the year 2008 ⇔ Rs. 1,300 For the year 2009 ⇔ Rs. 10,000 For the year 2010 ⇔ Rs. 1,200 Subscription outstanding on 31st December, 2009 ⇔ Rs. 700. The amount of subscription to be posted to Income and Expenditure account of 2009 will be

A.
Rs. 10,000
B.
Rs. 12,500
C.
Rs. 13,200
D.
Rs. 10,700
Answer

Answer: Option D

Solution

Answer: Option D
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