Subjective Questions on How are the following items dealt with while preparing Income and Expenditure Account of a clu........... for Commerce 12th Preparation

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Subjective Questions

How are the following items dealt with while preparing Income and Expenditure Account of a clu...........

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     How are the following items dealt with while preparing Income and Expenditure Account of a club for the year ended 31st March, 2019?

                                                          1st April, 2018                 31st March, 2019

    Outstanding Locker Rent                  4,600                           6,300

                                           Advance Locker Rent                            3,000                          4,000

    Locker Rent received during the year ended 31st March, 2019 – 52,000.

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