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Subscription entry in Income and Expenditure account

Accountancy

Can anybody please suggest should I do the calculation for Subscriptions A/C as I have done in the photo or should I make a distinct Working note to calculate the Subscriptions A/C ?

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Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CA Inter

250

29-Nov-22 12:35

399

Answers (9)

Done in photo is acceptable.Separate working can also be done..but it takes ..so follow this itself


Shankari C

Takes time*

Can we O/S for Outstanding ?


Thread Starter

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CA Inter

250

29-Nov-22 16:44

Thread Starter

Ardhendu Sekhar Acharya

Can we O/S for Outstanding ?

Mention it as note that O/S stands for outstanding. Continue to write o/s after that


Shankari C

Shankari C

CA Inter

12K+

29-Nov-22 16:50

Shankari C

Mention it as note that O/S stands for outstanding. Continue to write o/s after that

Where should I mention it ? On the top of the table or after completing the table ?


Thread Starter

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CA Inter

250

29-Nov-22 16:51

Shankari C

Mention it as note that O/S stands for outstanding. Continue to write o/s after that

Just like I have written "O/S last year" or "Advance last year" Is it ok or should we write "Advance Subscription last year" and "O/S Subscription last year" ?


Thread Starter

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CA Inter

250

29-Nov-22 16:58

Only the short form of O/S is allowed


Shankari C

Shankari C

CA Inter

12K+

29-Nov-22 19:39

Shankari C

Only the short form of O/S is allowed

Yes ok but I mean "O/S" is it ok or should I write "O/S Subscription" in full ?


Thread Starter

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CA Inter

250

29-Nov-22 20:06

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