[ISC] Q 3 NPO Solution TS Grewal (2022-23) Class 11

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Are you looking for the solution of Question number 3 NPO Chapter TS Grewal class 11 ISC Board for 2022-23 Session?

Subscriptions received during the year ended 31st March, 2022 are:

For the year ended 31st March, 2021160
For the year ended 31st March, 20228,440
For the year ended 31st March, 2023320
Total8,920

There are 450 members, each paying an annual subscription of ₹ 20; ₹ 180 were in arrears for the year ended 31st March, 2021.

Calculate the amount of subscriptions to be credited to the Income & Expenditure Account for the year ended 31st March, 2022.

Solution:-

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