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Subscription to Newspapers and Periodicals - Rs. 350.00<br>Sale proceeds of old Newspapers - Rs. 60.00<br>What amount is posted on the expenditure side of the income and Expenditure Account:
A
Rs. 350.00
B
Rs. 200.00
C
Rs. 410.00
D
Rs. 60.00
Correct Answer:
Rs. 350.00
If subsription received during the year is Rs. 4,460, outstanding subscription at the end of the year is Rs. 290, outstanding subscription at the beginning of the year is Rs. 90, advance subscription received for the next year is Rs. 160, the amount of subscription to be shown in income and expenditure account will be:
A
Rs. 4,500
B
Rs. 4,220
C
Rs. 4,380
D
Rs. 4,750
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 31
st
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
During the Year 2004, the income from subscription was Rs. 4,500, subscription received in advance Rs. 360. On 31
st
December 2004, the outstanding subscription was Rs. 140. The amount of subscription to be shown in Receipts and Payments a/c for the year 2004 would be
A
Rs. 4,500
B
Rs. 5,000
C
Rs. 4,000
D
None of the above
Subscription received in 1998:
For the year 1997
For the year 1998
For the year 1999
Subscription outstanding on 31
st
December, 1998 was Rs. 4,000. What amount of subscription will appear in income and Expenditure account of 1998:
A
Rs. 20,000
B
Rs. 19,000
C
Rs. 22,000
D
Rs. 16,000
The Receipt and Payment Account of a club shows the following details of subscriptions:
Arrears Rs. 500, current Rs. 10,500 advance Rs. 800.
There are 1200 members each paying an annual subscription of Rs. 10. The amount of subscription to be credited to Income and Expenditure Account will be:
A
Rs. 11,000
B
Rs. 12,000
C
Rs. 12,500
D
Rs. 11,800
Consider the following statements.
1. Realisation account and revaluation account are the same.
2. While preparing cash account or bank account (dissolution), the debit and credit side are same.
3. Items appearing in the balance sheet are posted at one place only.
Which of the statements given above is/ are correct?
A
Only 1
B
Both 2 and 3
C
All of the above
D
None of the above
Consider the following statements about a scheme launched by the Government of India: It was launched to provide social security during old age and to protect elderly persons aged 60 years and above against a future fall in their interest income due to uncertain market conditions. The scheme enables old age income security for senior citizens through provision of assured pension / return linked to the subscription amount based on government guarantee to Life Insurance Corporation of India (LICI).Identify the scheme.
A
Pradhan Mantri Swasthya Suraksha Yojana
B
Pradhan Mantri Vaya Vandana Yojana
C
Liveability Index Programme
D
Rashtriya Vayoshri Yojana
Which of the following tools is used to create subscription sets and add subscription?set members to subscription sets?
A
Journal
B
License Center
C
Replication Center
D
Development Center
A's income is Rs. 140 more than B's income ans C's income is Rs. 80 more than D's income. If the ratio of A's and C's income is 2 : 3 and the ratio of B's and D's income is 1 : 2, then the incomes of A, B, C and D are respectively = ?
A
Rs. 260, Rs. 120, Rs. 320, Rs. 240
B
Rs. 300, Rs. 160, Rs. 600, Rs. 520
C
Rs. 400, Rs. 260, Rs. 600, Rs. 520
D
Rs. 320, Rs. 180, Rs. 480, Rs. 360
If Rs. 3,000 was outstanding at the beginning of the year towards subscription, and Rs. 20,000 is received during the year, with Rs. 5,000 still outstanding at the end of the year, the amount to be taken to Income and Expenditure Account will be:
A
Rs. 22,000
B
Rs. 17,000
C
Rs. 20,000
D
Rs. 28,000