Question 2:
NPO PRACTICAL PROBLEMS
(Presentation of Subscriptions only)
Balance Sheet as on 01/04/2012
Receipts and Payments Account for the year ending on 31-03-2013
Adjustment:
Outstanding Subscription for 2012-2013 is Rs 22,000. With the above information present the item 'Subscription’ in Income and expenditure Account and Balance sheet for the year ended on 31st March 2013.
